Technical
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Property profile

3 I-20 Canton, TX 75103

OFF-MARKET
Commercial real estate
3.33 ac lot Built 2000
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Property summary

AI-generated overview

This exceptional 3.33-acre commercial lot enjoys a prime location on Interstate 20 in Canton, Texas, offering unparalleled visibility and accessibility. Situated adjacent to the popular Splash Kingdom Water Park, this property presents a unique opportunity for a variety of businesses, including restaurants, hotels, retail establishments, or recreational ventures. The high traffic count on I-20 ensures significant exposure to a large potential customer base. Canton itself is a thriving community, serving as the county seat of Van Zandt County and renowned for its First Monday Trade Days, a major monthly event attracting numerous visitors. The area boasts a wealth of attractions, including lakes, parks, and abundant recreational opportunities, making it an increasingly desirable destination for tourists and residents alike. The growing population and the appeal of a more relaxed rural lifestyle further enhance the property's investment potential. The Canton Economic Development Corporation may offer financial incentives to businesses establishing operations in the area, creating additional opportunities for job growth and economic development. Prospective buyers should be aware that they will be responsible for all engineering, design, road and infrastructure improvements, and associated costs necessary for developing the lot. Multiple lots are available

Property profile

Verified
Property type Commercial real estate
Year built 2000
Lot 3.33 ac (145,055 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3 I-20 Canton, TX 75103
Canton metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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