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    Land

    311 I-20, Terrell, TX 75160

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    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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