I-20 And Hwy 16 Carbon, TX 76435

Property Details for I-20 And Hwy 16

Lot size

76.00 lot acres

Property type

Land

Description

This exceptional 76-acre commercial land parcel presents a unique investment opportunity in Strawn, Texas. Strategically located at the major intersection of Interstate 20 and Highway 16, this property boasts unparalleled visibility and accessibility. Its location midway between Dallas/Fort Worth and Abilene provides convenient access to a large regional market. The land is currently AG exempt and offers significant potential for diverse development, including restaurants, RV parks, retail spaces, hotels, light industrial uses, truck stops, and travel centers. Water and power are readily available at the site. This property is adjacent to the Big Bear Mountain residential development, adding to its appeal and potential for synergistic growth. An 11-minute drive from the soon-to-open Palo Pinto Mountains State Park (opening in 2025) further enhances its desirability. The property is situated within an Opportunity Zone, providing substantial tax incentives for qualified investors. Preliminary site analysis suggests potential development scenarios: a 2-acre pad for a hotel or restaurant could yield $522,720 at $6 per square foot, while a 25.7-acre pad for industrial use could generate $2,238,984 at $2 per square foot. The Big Bear Travel Center is currently under contract, indicating strong market demand in the area. This is a rare opportunity to acquire a large, highly visible tract of land with significant development potential in a rapidly growing region. The property's location and features make it an ideal investment for both short-term and long-term growth.