5 I-20 Canton, TX 75103
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
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
Similar Nearby for Sale
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.