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Property profile & analytics
OFF-MARKET
Commercial real estate

5 I-20 Canton, TX 75103

2.6 ac lot Built 2000
Property ID
Property summary
AI-generated overview

This exceptional 2.6-acre commercial lot enjoys a prime location on Interstate 20 in Canton, Texas, offering unparalleled visibility and accessibility. Situated adjacent to the popular Splash Kingdom Water Park, this property benefits from significant tourist traffic and presents a unique opportunity for a variety of businesses. Ideal uses include restaurants, hotels, retail establishments, or recreational ventures catering to the substantial tourist draw and growing local population. The lot's high visibility ensures maximum exposure and potential for success. Canton, the county seat of Van Zandt County, is renowned for its world-famous First Monday Trade Days, attracting visitors from far and wide. The area boasts abundant lakes, parks, and recreational opportunities, making it an attractive destination for those seeking a more relaxed lifestyle outside of major metropolitan areas. The Canton Economic Development Corporation offers potential economic assistance for new businesses, creating further incentive for development. Prospective buyers should note that they will be responsible for all engineering, design, road and infrastructure improvements, and associated costs necessary for lot development. Multiple adjacent lots are also available

Property profile
Verified
Property type Commercial real estate
Year built 2000
Lot 2.6 ac (113,256 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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