311 I-20, Terrell, TX 75160
This exceptional 33,062 square foot commercial land parcel is strategically located at 311 E Interstate 20, Terrell, TX 75160-5404 (APN 34506). Zoned Highway Corridor Commercial, this property boasts high visibility and accessibility, situated on the westbound off-ramp of I-20 and Hwy 34. Previously a gas station site, the property is now cleared, with Phase I and II environmental assessments completed. The site benefits from its proximity to a major I-20 development area, featuring prominent businesses such as Buc-ee's, hotels, restaurants, shopping centers, and multiple auto dealerships (Palatium Chevy, Cadillac, Ford, Dodge, Jeep & Ram). The location offers excellent exposure to high traffic volumes on I-20 and Hwy 34, a major east-west thoroughfare connecting I-35 south of Waxahachie to Greenville, TX, passing through Ennis, Kaufman, and Terrell. This property presents a unique opportunity for developers and investors seeking high-traffic commercial land in a rapidly growing area. Its location across the highway from Tanger Outlets and near Starbucks further enhances its desirability. The property's zoning allows for a variety of commercial uses, making it an ideal investment for businesses seeking high visibility and convenient access to a major interstate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.