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    S.H. 34 Seq I-20 & Terrell, TX 75160

    For Sale
    $5,331,744

    High-visibility I-20 & Hwy 34 land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 89.44-acre commercial property in Terrell, Texas, presents a remarkable investment opportunity. Located at the intersection of I-20 and U.S. S.H. 34, this site boasts unparalleled visibility and accessibility, with significant frontage on both major roadways (3,260.73 ft. on I-20 and 2,490.61 ft. on S.H. 34). The property is zoned commercial and all utilities are readily available on-site, allowing for immediate development. The asking price is $5,331,744, translating to $4.50 per square foot net of the floodplain. The total gross area is 3,896,006 square feet. This prime location is already home to a thriving commercial area, including The Shops at Terrell, various restaurants, a QT Travel Plaza, numerous retail establishments, and hotels. The Texas Department of Transportation (TXDOT) is further enhancing the area by extending the service road east to Wilson Road, promising increased traffic flow and even greater visibility for future developments. This presents a unique chance to capitalize on the high traffic counts and strong commercial presence in this rapidly growing area. The property's size and location make it ideal for a variety of commercial uses, including retail, restaurants, and other commercial ventures.

    Property Features for S.H. 34 Seq I-20 &

    General Information

    Property type
    Restaurants
    Lot Size
    3,896,006 SF

    HighLights

    • Price: $5,331,744 ($4.50/SF net of floodplain).
    • 89.44‑acre tract (3,896,006 SF gross).
    • Commercially zoned.
    • Significant frontage: 3,260.73 ft. on I‑20 and 2,490.61 ft. on S.H. 34.
    • All utilities available on‑site, ready for immediate development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Terrell
    County
    Kaufman
    State
    Texas
    Longitude
    -96.2704988
    Latitude
    32.69596331

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    FAQs

    What type of property is this?
    Restaurant - High-visibility I-20 & Hwy 34 land
    Where is this restaurant located?
    The property is located at S.H. 34 Seq I-20 & Terrell, TX.
    What is the asking price?
    The asking price for this property is $5,331,744.
    What are key features of this property?
    This property features: Price: $5,331,744 ($4.50/SF net of floodplain).; 89.44-acre tract (3,896,006 SF gross).; Commercially zoned.
    Request Owner's contact information
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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
    S.H. 34 Seq I-20 & Terrell, TX 75160
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