462 Tx-276 East Tawakoni, TX 75472
- Specialty properties
- 18,000 SF
- 1.49 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 462 Tx-276
- Year built
- 1960
- Lot size
- 1.49 lot acres
- Property size
- 18,000 SF
- Property type
- Specialty properties
- Property subtype
- Retail properties
Description
This exceptional commercial property, located in the West Tawakoni submarket of Rains County, presents a unique investment opportunity. The property consists of two single-story buildings totaling 18,000 square feet, situated on a substantial 1.49-acre lot (64,904 sq ft). Currently, 16,500 square feet is vacant, offering significant potential for redevelopment or expansion. Built in 1960, the property features a prime location with easy access from three rural municipalities: Emory, Lone Oak, and Quinlan, via busy Texas highway frontage. The existing structure includes a butcher's market area, refrigerated coolers, a walk-in freezer, and a warehouse with three loading docks, providing ample storage and inventory capabilities. A small section is already equipped for restaurant use. The property's zoning is commercial, allowing for a variety of uses. The possibilities are extensive, ranging from restarting a grocery store to establishing a completely new business venture such as a bowling alley, skating rink, arcade, or other entertainment venue. This property offers a rare chance to capitalize on a low-competition market with high growth potential. The property is conveniently located near Littlefield Drive. No elevators are present.
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
- East Tawakoni
- County
- Rains
- State
- Texas
- Longitude
- -95.961
- Latitude
- 32.9082
