24700 Highway 64 Canton, TX 75103
- Retail properties
- 5,126 SF
- 1.50 lot acres
Current Use by Public Records
- Retail properties
Property Details for 24700 Highway 64
- Year built
- 1960
- Lot size
- 1.50 lot acres
- Property size
- 5,126 SF
- Property type
- Retail properties
Description
This exceptional 5,126 square foot retail property presents a unique investment opportunity in Canton, Texas. Located at the high-traffic intersection of Highway 64 and Highway 243, this property boasts unparalleled visibility and accessibility. The building, formerly a gas station, requires renovation but offers significant potential for a variety of commercial uses. The substantial 1.5-acre lot provides ample space for expansion or additional structures, making it ideal for a larger-scale development. Its prime location near the Van Zandt County Fair Grounds, Northeast Texas Coop, and a Goodwill store ensures consistent foot traffic and brand recognition. A new truck stop is planned across Highway 64, further enhancing the property's future prospects. City water is available, and city sewer access is across the road, requiring a road bore connection (contact the City of Canton for details). While not within city limits, this location offers the benefits of proximity to essential amenities and a thriving community. The property's size and strategic location make it an attractive investment for entrepreneurs and developers seeking a high-impact commercial venture. The previous fuel tanks have been removed, eliminating environmental concerns. This is a rare opportunity to acquire a large, well-positioned property with significant upside potential.
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
- Canton
- County
- Van Zandt
- State
- Texas
- Longitude
- -95.8567
- Latitude
- 32.5555
