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US Highway 175 - Vacant Land

107 Acres of Commercial Land Offered at $32,626,000 in Crandall, TX 75114

Investment Highlights

  • Prime location that is just twenty five minutes to downtown Dallas.
  • Tract can potentially be subdivided down to as little as 20 acres.
  • Excellent freeway frontage at the gateway to Crandall coming from Dallas.
  • A 20% increase in the surrounding population is anticipated over the next 5 years.

Executive Summary

Owner will consider terms.
This 61 acres of NEC, 26 acres at SWC, and 20 acres along the south side of US 175. Commercial zoning.
Spring Creek Blvd, 4-lane divided through NEC. Complete and opening February 1st, 2023.
Eagle Crest starts construction April 2023, 4-lane divided 3.5 miles through Lewis st/ FM 3093.

Property Facts

Price $32,626,000
Sale Type Investment
Sale Conditions 1031 Exchange
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Multifamily
Total Lot Size 107.00 AC
Cross Streets FM 741

1 Lot Available

Lot

Price $32,626,000
Price Per AC $304,916
Lot Size 107.00 AC

107 acres for sale. Lot is located on hard corners at FM 741 and US 175 on the NEC and SWC intersection. Eagle Crest Parkway/FM 741 will be extended south.

Description

The freeway frontage serves as an attractive entrance to Crandall, positioning this property as an ideal site for commercial and retail ventures. Capitalize on the high visibility to draw in potential customers and clients. An outstanding 20% increase in the surrounding population is anticipated over the next 5 years. This projection underscores the thriving environment and the growing demand for residential and commercial services in this area. With a steady influx of new residents, this location is poised for significant investment opportunities. Whether you're interested in residential developments, retail establishments, or service-oriented businesses, this property can be the cornerstone for your future success.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15851
Land Assessment
$713,422
Improvements Assessment
$0
Total Assessment
$713,422

zoning

Zoning Code PD Commercial (Commercial)
PD Commercial (Commercial)
  • Listing ID: 3787396

  • Date on Market: 12/14/2005

  • Last Updated:

  • Address: US Highway 175, Crandall, TX 75114

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