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    I-20 And Hwy 314 Van, TX 75790

    For Sale
    $3,500,000

    59 Acres, High Visibility, Texas

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 59-acre tract boasts unparalleled visibility and accessibility at the southeast corner of Interstate 20 and Highway 314 in Van, Texas (zip code 75790). Located in Van Zandt County, this property offers significant development potential with frontage on both major thoroughfares. Currently zoned for county use, it's free from restrictive covenants. Municipal water and sewer services are readily available at the site, simplifying infrastructure needs. The land is easily subdividable, presenting opportunities for various development scenarios, including potential pad sites along Highway 314. This location is strategically positioned adjacent to a new retail development, with a Love's Travel Stop and Fairfield Inn directly across the Interstate. The area is currently underserved in terms of hotels, restaurants, and retail establishments, creating a strong demand for new businesses. This is a turnkey opportunity, as the property is development-ready. A significant anchor tenant, a 10-acre super travel center, is currently under construction, along with a 5-acre Southern Tire Mart. A national restaurant chain has already committed to the travel center. This prime location and the ongoing development activity make this a compelling investment for developers seeking high-impact commercial projects. The property's size, location, and infrastructure make it an ideal site for a variety of commercial ventures.

    Property Features for I-20 And Hwy 314

    General Information

    Property type
    Land
    Lot Size
    2,570,040 SF

    HighLights

    • 59‑acre tract at I‑20 & Hwy 314, Van, TX (75790).
    • High visibility & accessibility with frontage on both major thoroughfares.
    • County zoning, no restrictive covenants, municipal water & sewer available.
    • Easily subdividable, ideal for pad sites along Hwy 314.
    • Adjacent to new retail development (Love's, Fairfield Inn).
    • High demand for hotels, restaurants, & retail; development‑ready.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Van
    County
    Van Zandt
    State
    Texas
    Longitude
    -95.6352801
    Latitude
    32.5131096

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    FAQs

    What type of property is this?
    Land - 59 Acres, High Visibility, Texas
    Where is this land located?
    The property is located at I-20 And Hwy 314 Van, TX.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: 59-acre tract at I-20 & Hwy 314, Van, TX (75790).; High visibility & accessibility with frontage on both major thoroughfares.; County zoning, no restrictive covenants, municipal water & sewer available.
    (817) 308-2592
    Request Owner's contact information
    I-20 And Hwy 314 Van, TX 75790
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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
    I-20 And Hwy 314 Van, TX 75790
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