Property profile

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

OFF-MARKET
Retail properties & Spaces
89.44 ac lot
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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

Location

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

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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