1 I-20 Canton, TX 75103
This 1.09-acre commercial lot enjoys a prime location on Interstate 20 in Canton, Texas, offering exceptional visibility for businesses. Situated adjacent to the popular Splash Kingdom Water Park, this property benefits from high traffic counts and a strong tourist base. Ideal for a variety of uses, including restaurants, hotels, retail establishments, or recreational businesses. The lot's strategic placement capitalizes on the area's thriving tourism industry, fueled by nearby lakes, parks, and recreational opportunities. Canton, the county seat of Van Zandt County, is also home to the renowned First Monday Trade Days, a major monthly event attracting visitors from far and wide. The area is experiencing population growth, appealing to those seeking a more relaxed rural lifestyle. This presents a unique opportunity for businesses to tap into a growing market. Potential buyers should note that engineering, design, road and infrastructure improvements, and associated costs are the responsibility of the purchaser. The Canton Economic Development Corporation may offer economic assistance to new businesses creating jobs in the area. Multiple lots are 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.