I-20 Hwy Terrell, TX 75160

Property Details for I-20 Hwy

Lot size

5.30 lot acres

Property type

Commercial real estate

Description

This exceptional 5.3-acre lot presents a unique investment opportunity in Terrell, Texas. Strategically located just off Highway I-20 East, this property boasts unparalleled visibility and accessibility, further enhanced by the Texas Department of Transportation's planned frontage road. Currently zoned agricultural for tax purposes, the city of Terrell has confirmed its location within the designated commercial corridor, making it eligible for commercial zoning. This opens the door to a wide range of development possibilities, from retail and commercial ventures to mixed-use projects. The property's inclusion in Tax Increment Reinvestment Zone No. 1 provides an added advantage, offering potential tax incentives for developers. Its proximity to Terrell Crossroads and an outlet shopping center ensures high traffic and customer visibility. The future land use designation is Traditional Neighborhood, suggesting a vibrant and community-oriented development potential. This prime location capitalizes on Terrell's growth trajectory, offering a strategic position within a rapidly evolving commercial area. The seller is open to owner financing, subject to terms and conditions. This is a rare chance to acquire a significant parcel of land with immense potential for substantial return on investment.

Location Insight

City

Terrell

County

Kaufman

State

Texas

Longitude

-96.1813

Latitude

32.677