2 I-20 Canton, TX 75103
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.