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    I20 E Winona, TX 75792

    For Sale
    $3,950,000

    Prime Texas Land, Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 93-acre commercial land parcel presents a remarkable investment opportunity in Winona, Texas, situated at TBD E I20, zip code 75792. Located in Smith County, this property boasts a strategic position on a fast-growing intersection between Dallas and Shreveport, making it ideal for various commercial ventures. The asking price is $3,950,000. Its high visibility and proximity to established businesses, including recently constructed travel centers and a soon-to-be-built Loves location on opposing corners, significantly enhance its potential. The property's accessibility is further improved by a county road traversing its northern side, offering the possibility of separate sale or utilization as a secondary access point, particularly beneficial for developments such as RV parks or motels. Water and sewer services are readily available in the vicinity. The property's versatility extends to potential residential development, given its proximity to the UT/Ardent Health Center. The seller is open to subdividing the land, and illustrative examples of potential lot divisions are available for review. This presents a unique chance to acquire a large-scale tract of land with significant development potential in a rapidly expanding area of Texas. The coordinates are 32.437349 latitude and -95.1062562 longitude.

    Property Features for I20 E

    General Information

    Property type
    Land
    Lot Size
    4,051,080 SF

    HighLights

    • $3,950,000 asking price.
    • 93‑acre commercial land parcel.
    • Located in Winona, TX, near I‑20.
    • Suitable for motel, travel center, or RV park development.
    • Utilities available.
    • Potential for subdivision.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Winona
    County
    Smith
    State
    Texas
    Longitude
    -95.1062562
    Latitude
    32.437349

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    FAQs

    What type of property is this?
    Land - Prime Texas Land, Development Opportunity
    Where is this land located?
    The property is located at I20 E Winona, TX.
    What is the asking price?
    The asking price for this property is $3,950,000.
    What are key features of this property?
    This property features: $3,950,000 asking price.; 93-acre commercial land parcel.; Located in Winona, TX, near I-20.
    (903) 360-3074
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    I20 E Winona, TX 75792
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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
    I20 E Winona, TX 75792
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