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    1 I-20 Canton, TX 75103

    For Sale
    $250,000

    High-visibility acreage near Splash Kingdom.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This 1.09-acre commercial lot enjoys a prime location on Interstate 20 in Canton, Texas, offering exceptional visibility for businesses. Situated adjacent to the popular Splash Kingdom Water Park, this property benefits from high traffic counts and a strong tourist base. Ideal for a variety of uses, including restaurants, hotels, retail establishments, or recreational businesses. The lot's strategic placement capitalizes on the area's thriving tourism industry, fueled by nearby lakes, parks, and recreational opportunities. Canton, the county seat of Van Zandt County, is also home to the renowned First Monday Trade Days, a major monthly event attracting visitors from far and wide. The area is experiencing population growth, appealing to those seeking a more relaxed rural lifestyle. This presents a unique opportunity for businesses to tap into a growing market. Potential buyers should note that engineering, design, road and infrastructure improvements, and associated costs are the responsibility of the purchaser. The Canton Economic Development Corporation may offer economic assistance to new businesses creating jobs in the area. Multiple lots are available

    Property Features for 1 I-20

    General Information

    Property type
    Other commercial real estate
    Lot Size
    47,480 SF

    Building Details

    Year Built
    2000
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Canton
    County
    Van Zandt
    State
    Texas
    Longitude
    -95.86824
    Latitude
    32.58408

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    FAQs

    What type of property is this?
    Commercial real estate - High-visibility acreage near Splash Kingdom.
    Where is this commercial real estate located?
    The property is located at 1 I-20 Canton, TX.
    What is the asking price?
    The asking price for this property is $250,000.
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    1 I-20 Canton, TX 75103
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 I-20 Canton, TX 75103
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