Terrell, TX 75160 0 I-20 Highway

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Presented By: Danielle Watkins with CENTURY 21 Judge Fite Co.; 972-270-2100
  • MLS# 20609019
  • 11/08/2024
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  • Request Info

Home Details

5.3-acre lot just off Hwy I-20 E in the city of Terrell. The property is located in Tax Increment Reinvestment Zone No.1 opening up the opportunity for tax incentives for developers. Positioned to maximize visibility and accessibility for businesses with TXDot's planned connection of a frontage road in front of the lot. Current zoned agricultural for tax purposes, this parcel holds promise with its future use designation as a Traditional Neighborhood. City has confirmed that this property falls within the commercial corridor, making it eligible for commercial zoning, opening up possibilities for commercial ventures. Lot is close Terrell Crossroads and outlet shopping center. This prime location presents a rare chance to capitalize on Terrell's growth trajectory, offering a strategic position within the commercial corridor and opportunities for investment and development. Whether envisioning a commercial enterprise, residential project, or a blend of both in a rapidly evolving area. Seller will consider owner financing dependent on Terms and Conditions.
Presented By: Danielle Watkins with CENTURY 21 Judge Fite Co.; 972-270-2100

Interior Features for 0 I-20 Highway

Other Interior Features

SQFT Gross0
Lock Box TypeNone
Total Units1

General for 0 I-20 Highway

Business TypeOther
CityTerrell
CountyKaufman
DirectionsProperty does not have physical address yet, Map to 320 FM 2578 Terrell TX, subject property is SE of Kingdom Hall on road that splits off to the right when heading SE on 2578
PossessionClosing/Funding
Property SubtypeUnimproved Land
Property TypeCommercial Sale
Special NotesAerial Photo, Verify Rollback Tax, Verify Tax Exemptions
Standard StatusActive
StatusActive
Subdivision NameJNO C HALE
TopographyWooded
Unexempt Taxes4312
UtilitiesNone
Virtual Tour URL UnbrandedClick here
Will SubdivideYes
Year Built DetailsUnknown
Zoning DescriptionCurrently Agricultural for TAX purposes. Future land use is New Traditional Neighborhood, but per City of Terrell Can be easily converted to commercial use due to being in commercial corridor.

Exterior for 0 I-20 Highway

Building Area Total0.00
Lot FeaturesAcreage, Many Trees
Lot Size5 to < 10 Acres
Lot Size Acres5.3000
Lot Size Area5.3000
Lot Size Dimensions485x580x463x491
Lot Size SourcePublic Records
Lot Size Square Feet230868.0000
Lot Size UnitsAcres

Additional Details

Price History

Justin Tobias

Realtor® | GRI
Price $795,000
MLS#20609019
List Date 11/08/2024
Property Type Commercial
Phone 832.517.6553
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