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    Kings Fort Pkwy Kaufman, TX 75142

    For Sale
    $1,875,075

    1.55 Acres, Prime Retail Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.55-acre commercial land parcel is strategically located at the southeast corner of SH 34 and Kings Fort Parkway in Kaufman County, Texas, zip code 75142. The property is part of a thriving 300-acre mixed-use master-planned community, boasting a strong presence of national retailers and businesses including Walmart, Whataburger, AT&T, Verizon, Starbucks, and many more. This prime location offers excellent visibility and accessibility, making it ideal for a variety of commercial uses, including retail, medical, and other commercial ventures. The area is experiencing significant growth, with recent developments including the completion of Phases 3 & 4 of the Georgetown at Kings Fort residential community (166 lots, built by Bloomfield Homes, a top 40 US homebuilder), and the construction of a new 240-unit multi-family complex. Furthermore, a new hotel development (Hampton Inn and Holiday Inn Express) is underway, representing the first hotel in Kings Fort. This property presents a unique opportunity to capitalize on the area's rapid expansion and strong tenant base. The asking price is $1,875,075, and the sale is structured as a 1031 exchange. This is a rare chance to acquire a highly desirable commercial lot in a rapidly growing Texas market.

    Property Features for 0 Kings Fort Pkwy

    General Information

    Property type
    Land
    Lot Size
    67,518 SF

    HighLights

    • $1,875,075 asking price for 1.55 acres of commercial land.
    • Located at the southeast corner of SH 34 and Kings Fort Pkwy in Kaufman, TX (75142).
    • Part of a 300‑acre mixed‑use master‑planned community with existing retail, restaurants, and other businesses.
    • Zoned for retail, medical, and commercial uses.
    • Strong recent sales activity within the development, including hotel and multi‑family projects.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Kaufman
    County
    Kaufman
    State
    Texas
    Longitude
    -96.299741584623
    Latitude
    32.565774909093

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    FAQs

    What type of property is this?
    Land - 1.55 Acres, Prime Retail Location
    Where is this land located?
    The property is located at Kings Fort Pkwy Kaufman, TX.
    What is the asking price?
    The asking price for this property is $1,875,075.
    What are key features of this property?
    This property features: $1,875,075 asking price for 1.55 acres of commercial land.; Located at the southeast corner of SH 34 and Kings Fort Pkwy in Kaufman, TX (75142).; Part of a 300-acre mixed-use master-planned community with existing retail, restaurants, and other businesses.
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    Kings Fort Pkwy Kaufman, TX 75142
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    Kaufman, TX 75142
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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
    Kings Fort Pkwy Kaufman, TX 75142
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