Property summary
Exceptional 25-acre commercial land opportunity in Argyle, Texas, presents a rare investment prospect. Located at the hard corner of US 377 and Country Club Road, this PD-10 zoned property boasts approximately 4,000 feet of frontage on major arterial roads. The site benefits from existing infrastructure, including all utilities, and is ready for immediate development. Currently under an agricultural exemption with an existing agricultural lease, the property's zoning permits a wide range of commercial uses, including retail, restaurants, offices, and potentially luxury multifamily and townhomes, as discussed with the City Economic Development Corporation. Significant recent improvements include the completion of Country Club Road's infrastructure (four lanes, curb, and gutter). The property's strategic location within a rapidly expanding residential area, with nearly 70,000 new homes planned or under construction nearby, ensures high traffic counts and strong demand. High barriers to entry, due to geographical constraints and limited access points, create a unique opportunity for commercial dominance. Seller financing is available. Detailed plans for a family-friendly destination are underway, including a boutique hotel, luxury senior living, waterfront restaurants, retail, and extensive outdoor amenities. This is a trophy property with exceptional visibility and access, making it an ideal investment for developers seeking a high-growth market with significant upside potential. The asking price is $14,500,000. APN: 64661, 64708.
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