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    2 I-20 Canton, TX 75103

    For Sale
    $200,000

    Prime I-20 commercial lot near Splash Kingdom.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 0.89-acre commercial lot boasts a highly visible location directly off Interstate 20 in Canton, Texas. Its strategic placement next to the popular Splash Kingdom Water Park guarantees significant exposure to a substantial volume of daily traffic. The property's ideal location makes it exceptionally suitable for a diverse range of commercial ventures, including restaurants, hotels, retail establishments, or recreational businesses. The lot is part of a larger offering of multiple available parcels, details of which can be found in other MLS listings. Canton, the county seat of Van Zandt County, is renowned for its world-famous First Monday Trade Days, a monthly event that draws significant crowds. The area is experiencing growth, attracting individuals seeking a more relaxed rural lifestyle while still enjoying proximity to lakes, parks, and various recreational opportunities. The Canton Economic Development Corporation offers potential economic incentives for new businesses establishing operations and creating jobs within the community. Prospective buyers should be aware that they will be responsible for all engineering, design, road and infrastructure improvements, and any associated costs necessary for lot development. This presents a unique opportunity to build a thriving business in a high-traffic, high-visibility location within a growing and attractive community.

    Property Features for 2 I-20

    General Information

    Property type
    Other commercial real estate
    Lot Size
    38,768 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 - Prime I-20 commercial lot near Splash Kingdom.
    Where is this commercial real estate located?
    The property is located at 2 I-20 Canton, TX.
    What is the asking price?
    The asking price for this property is $200,000.
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    2 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
    2 I-20 Canton, TX 75103
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