709 State Highway 78 Farmersville, TX 75442
- Commercial real estate
- 7,838 SF
- 5.08 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 709 State Highway 78
- Year built
- 2007
- Lot size
- 5.08 lot acres
- Property size
- 7,838 SF
- Property type
- Commercial real estate
Description
This exceptional 5.08-acre property in Farmersville, TX, presents a lucrative investment opportunity. Located near the intersection of US 380 and the proposed US 380 Freeway, just outside city limits, this versatile site offers a multitude of uses. The main structure is a substantial home, suitable for rental or office space, providing immediate income potential. A significant asset is the 100 x 55-foot shop, complete with an office, HVAC system, eight roll-up doors, and a large workshop area. Further enhancing the property's income stream is a 40 x 35-foot equipment shed. A significant additional revenue source is generated by a cell tower currently situated on the property. The 7,838 square foot total building area, combined with the expansive land and diverse structures, makes this a rare and highly desirable investment. The strategic location near major roadways ensures excellent accessibility and visibility, maximizing its potential for future growth and development. This property offers a unique blend of immediate income generation and long-term appreciation potential. The combination of residential, commercial, and passive income streams makes this a truly exceptional investment opportunity.
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
- Farmersville
- County
- Collin
- State
- Texas
- Longitude
- -96.3798
- Latitude
- 33.155