Tbd Newton Rd Ferris, TX 75125
- Commercial real estate
- 1.69 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Tbd Newton Rd
- Lot size
- 1.69 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.693-acre parcel in Ferris, Texas, presents a unique investment opportunity. Originally part of a larger tract, this land was separated following a Texas Department of Transportation acquisition in the 1970s. A recent sale of an adjacent parcel, situated across Interstate 45, further highlights the desirability of this location. While city records may not reflect the current division, a current survey is available confirming the 1.693-acre size. A significant feature of this property is an existing Atmos Gas pipeline and associated permanent equipment. Furthermore, a billboard currently leased to a tenant is included in the sale, providing immediate passive income for the new owner. The property's strategic location and existing infrastructure make it ideal for various development possibilities, subject to all applicable zoning regulations and permitting requirements. The seller will transfer ownership of the billboard lease to the buyer. This is a rare chance to acquire a developed parcel in a growing area. Serious inquiries only. All information is deemed reliable but not guaranteed. Buyers are advised to conduct their own due diligence.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ferris
- County
- Ellis
- State
- Texas
- Longitude
- -96.5919
- Latitude
- 32.4969
