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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
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 | Property Subtype | Commercial |
Sale Type | Investment | Proposed Use | |
Sale Conditions | 1031 Exchange | Total Lot Size | 107.00 AC |
No. Lots | 1 | Cross Streets | FM 741 |
Property Type | Land |
Price | $32,626,000 |
Sale Type | Investment |
Sale Conditions | 1031 Exchange |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | |
Total Lot Size | 107.00 AC |
Cross Streets | FM 741 |
1 Lot Available
Lot
Price | $32,626,000 | Lot Size | 107.00 AC |
Price Per AC | $304,916 |
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
Parcel Number | 15851 | Improvements Assessment | $0 |
Land Assessment | $713,422 | Total Assessment | $713,422 |
PROPERTY TAXES
zoning
Zoning Code | PD Commercial (Commercial) |
PD Commercial (Commercial) |
Presented by
US Highway 175 - Vacant Land
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