35 L R Campbell Rd Italy, TX 76651
This exceptional 132-acre commercial land parcel presents a unique investment opportunity in Ellis County, Texas. Strategically located in the northwest quadrant of I-35E and LR Campbell Road (S.H. 34) at the Italy exit, this property boasts significant frontage along LR Campbell Road, measuring 2,340.42 feet (comprising two segments of 1,755.10 feet and 585.32 feet). The land is currently unzoned and situated outside the Italy city limits, offering flexibility for various development plans. Utilities are readily accessible, with water service provided by the South Ellis County Water Supply Corp., featuring an existing 8-inch line on LR Campbell Road and a soon-to-be-completed 250,000-gallon elevated storage tank. Electricity is supplied by ONCOR, and natural gas by Atmos. While sewer service currently stops at a nearby Denny's restaurant, annexation into the Italy city limits would be required for sewer access. The asking price is $4,300,000, translating to $43,500 per acre. Its prime location makes it exceptionally suitable for industrial development or an RV park, offering excellent visibility and convenient access to major transportation routes. The address is 35 L R Campbell Rd, Italy, TX 76651.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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