5 I-20 Canton, TX 75103
- Commercial real estate
- 2.60 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 5 I-20
- Year built
- 2000
- Lot size
- 2.60 lot acres
- Property type
- Commercial real estate
Description
This exceptional 2.6-acre commercial lot enjoys a prime location on Interstate 20 in Canton, Texas, offering unparalleled visibility and accessibility. Situated adjacent to the popular Splash Kingdom Water Park, this property benefits from significant tourist traffic and presents a unique opportunity for a variety of businesses. Ideal uses include restaurants, hotels, retail establishments, or recreational ventures catering to the substantial tourist draw and growing local population. The lot's high visibility ensures maximum exposure and potential for success. Canton, the county seat of Van Zandt County, is renowned for its world-famous First Monday Trade Days, attracting visitors from far and wide. The area boasts abundant lakes, parks, and recreational opportunities, making it an attractive destination for those seeking a more relaxed lifestyle outside of major metropolitan areas. The Canton Economic Development Corporation offers potential economic assistance for new businesses, creating further incentive for development. Prospective buyers should note that they will be responsible for all engineering, design, road and infrastructure improvements, and associated costs necessary for lot development. Multiple adjacent lots are also available
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
- Canton
- County
- Van Zandt
- State
- Texas
- Longitude
- -95.8682
- Latitude
- 32.5841