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    OFF-MARKET
    Retail properties & Spaces

    S.H. 34 Seq I-20 &, Terrell, TX 75160

    89.44 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 89.44-acre commercial property in Terrell, Texas, presents a remarkable investment opportunity. Located at the intersection of I-20 and U.S. S.H. 34, this site boasts unparalleled visibility and accessibility, with significant frontage on both major roadways (3,260.73 ft. on I-20 and 2,490.61 ft. on S.H. 34). The property is zoned commercial and all utilities are readily available on-site, allowing for immediate development. The asking price is $5,331,744, translating to $4.50 per square foot net of the floodplain. The total gross area is 3,896,006 square feet. This prime location is already home to a thriving commercial area, including The Shops at Terrell, various restaurants, a QT Travel Plaza, numerous retail establishments, and hotels. The Texas Department of Transportation (TXDOT) is further enhancing the area by extending the service road east to Wilson Road, promising increased traffic flow and even greater visibility for future developments. This presents a unique chance to capitalize on the high traffic counts and strong commercial presence in this rapidly growing area. The property's size and location make it ideal for a variety of commercial uses, including retail, restaurants, and other commercial ventures.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Lot 89.44 ac (3,896,006 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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