0 Kings Fort Pkwy Kaufman, TX 75142
This exceptional 1.55-acre commercial land parcel is strategically located at the southeast corner of SH 34 and Kings Fort Parkway in Kaufman County, Texas, zip code 75142. The property is part of a thriving 300-acre mixed-use master-planned community, boasting a strong presence of national retailers and businesses including Walmart, Whataburger, AT&T, Verizon, Starbucks, and many more. This prime location offers excellent visibility and accessibility, making it ideal for a variety of commercial uses, including retail, medical, and other commercial ventures. The area is experiencing significant growth, with recent developments including the completion of Phases 3 & 4 of the Georgetown at Kings Fort residential community (166 lots, built by Bloomfield Homes, a top 40 US homebuilder), and the construction of a new 240-unit multi-family complex. Furthermore, a new hotel development (Hampton Inn and Holiday Inn Express) is underway, representing the first hotel in Kings Fort. This property presents a unique opportunity to capitalize on the area's rapid expansion and strong tenant base. The asking price is $1,875,075, and the sale is structured as a 1031 exchange. This is a rare chance to acquire a highly desirable commercial lot in a rapidly growing Texas market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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