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    1101 Shadow Lakes Dr Wills Point, TX 75169

    For Sale
    $1,750,000

    14.93 Acres, Wills Point, TX - $1.75M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 14.93-acre commercial land parcel boasts 1431 feet of frontage along the Interstate 20 access road in Wills Point, Texas, a rapidly growing community situated midway between Dallas and Tyler. Zoned commercial with no restrictions, this property offers unparalleled visibility and accessibility, making it ideal for a wide range of development opportunities. Utilities such as water and electricity are readily available nearby. The location is particularly advantageous, being near a westbound I-20 on-ramp (towards Dallas) and adjacent to the desirable Shadow Lakes community, known for its large custom homes and excellent schools. This prime location is perfect for retail centers, grocery stores, restaurants, neighborhood services, office/flex space, or even residential development, including multifamily, senior living, or hospitality projects. The affluent demographic and high traffic count along I-20, coupled with the lack of existing commercial development in the immediate area, present a unique investment opportunity. The property's location at the FM 2965 exit/overpass ensures high visibility and easy access for customers and employees. Consider the possibilities: a truck stop, convenient store, restaurant, retail strip center, or storage facility – the potential is virtually limitless. The APN is 77603. The asking price is $1,750,000.

    Property Features for 1101 Shadow Lakes Dr

    General Information

    Property type
    Land
    Lot Size
    650,351 SF

    HighLights

    • High‑visibility I‑20 frontage at FM 2965 exit/overpass.
    • Excellent I‑20 frontage in affluent East Dallas submarket, near Tyler.
    • 45‑minute drive to major cities along I‑20.
    • Strong growth potential in a desirable community needing retail, restaurants, and medical services.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Building Supply Auto Repair Shop Storage Facility Nursing Home Assisted Living Facility Butcher

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

    Location Insight

    • Map
    • Local Demand
    City
    Wills Point
    County
    Kaufman
    State
    Texas
    Longitude
    -96.095911141975
    Latitude
    32.656640431052

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    FAQs

    What type of property is this?
    Land - 14.93 Acres, Wills Point, TX - $1.75M
    Where is this land located?
    The property is located at 1101 Shadow Lakes Dr Wills Point, TX.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: High-visibility I-20 frontage at FM 2965 exit/overpass.; Excellent I-20 frontage in affluent East Dallas submarket, near Tyler.; 45-minute drive to major cities along I-20.
    (214) 392-7303
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    1101 Shadow Lakes Dr Wills Point, TX 75169
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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
    1101 Shadow Lakes Dr Wills Point, TX 75169
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