S.H. 34 Seq I-20 & Terrell, TX 75160
- Retail properties
- 89.44 lot acres
Current Use by Public Records
- Retail properties
Property Details for S.H. 34 Seq I-20 &
- Lot size
- 89.44 lot acres
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
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
- Terrell
- County
- Kaufman
- State
- Texas
- Longitude
- -96.2705
- Latitude
- 32.696
