605 Service Rd Ferris, TX 75125
This exceptional 135.22-acre property in Ferris, Texas, presents a unique mixed-use development opportunity. Currently operating as the Old Brickyard Golf Course, the site boasts an 18-hole, 6,500-yard course built in 2001, including a 20,258 square foot clubhouse, cart warehouse, and maintenance shop. The property features approximately 4,000 linear feet of frontage on Interstate 45, a major thoroughfare with a daily traffic count of 47,437 vehicles. Its strategic location offers significant advantages, situated just 20 miles south of Dallas' central business district and directly adjacent to the ongoing Loop 9 construction and its interchange with IH-45. Across the interstate lies Woodstone, a conceptual master-planned community encompassing over 5,000 acres. While the existing golf course, with its practice facility, pro shop, and weekend bar and grill, generates current income, the land's true potential lies in its high-exposure mixed-use development possibilities, capitalizing on its prime location and substantial frontage. The property's zoning is CC - Commercial Corridor, allowing for a wide range of development options. Water access for irrigation is also available on-site. This presents a rare chance to acquire a large tract with significant existing infrastructure and immense future development potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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