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    35 L R Campbell Rd Italy, TX 76651

    For Sale
    $4,300,000

    High-visibility tract, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 132-acre commercial land parcel presents a unique investment opportunity in Ellis County, Texas. Strategically located in the northwest quadrant of I-35E and LR Campbell Road (S.H. 34) at the Italy exit, this property boasts significant frontage along LR Campbell Road, measuring 2,340.42 feet (comprising two segments of 1,755.10 feet and 585.32 feet). The land is currently unzoned and situated outside the Italy city limits, offering flexibility for various development plans. Utilities are readily accessible, with water service provided by the South Ellis County Water Supply Corp., featuring an existing 8-inch line on LR Campbell Road and a soon-to-be-completed 250,000-gallon elevated storage tank. Electricity is supplied by ONCOR, and natural gas by Atmos. While sewer service currently stops at a nearby Denny's restaurant, annexation into the Italy city limits would be required for sewer access. The asking price is $4,300,000, translating to $43,500 per acre. Its prime location makes it exceptionally suitable for industrial development or an RV park, offering excellent visibility and convenient access to major transportation routes. The address is 35 L R Campbell Rd, Italy, TX 76651.

    Property Features for 35 L R Campbell Rd

    General Information

    Property type
    Land
    Lot Size
    5,749,920 SF

    HighLights

    • Prime location at the northwest quadrant of I‑35E and LR Campbell Road (S.H. 34) Italy exit.
    • 132± acre tract.
    • Unzoned, outside Italy city limits.
    • 2,340.42 feet of LR Campbell Road frontage.
    • Water service via South Ellis County Water Supply Corp.; existing 8‑inch line, new 250,000‑gallon water tower planned.
    • Sewer service requires annexation into Italy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Building Supply Auto Repair Shop Hotel & Motel Skin Care Clinic Food Market Grocery Store Cafe & Coffee Shop Bakery

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Italy
    County
    Ellis
    State
    Texas
    Longitude
    -96.899679
    Latitude
    32.1963316

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    FAQs

    What type of property is this?
    Land - High-visibility tract, ideal for development.
    Where is this land located?
    The property is located at 35 L R Campbell Rd Italy, TX.
    What is the asking price?
    The asking price for this property is $4,300,000.
    What are key features of this property?
    This property features: Prime location at the northwest quadrant of I-35E and LR Campbell Road (S.H. 34) Italy exit.; 132± acre tract.; Unzoned, outside Italy city limits.
    Request Owner's contact information
    35 L R Campbell Rd Italy, TX 76651
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    Italy, TX 76651
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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
    35 L R Campbell Rd Italy, TX 76651
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