922 Texas St Tioga, TX 76271
This exceptional 15-acre commercial property presents a unique investment opportunity in Tioga, Texas. Strategically located less than a quarter mile west of U.S. Highway 377, it boasts excellent accessibility, with close proximity to both U.S. Highway 377 to the east and Interstate Highway 35 to the west, ensuring convenient transportation links. The property's ideal shape and configuration feature approximately 787 feet of frontage on FM 922 and 868 feet on Texas Street, maximizing visibility and potential development options. Currently zoned C-2, this versatile land allows for a wide range of commercial uses, including apartments, providing flexibility for diverse development plans. The property benefits from the availability of city water and sewer services nearby, simplifying infrastructure needs. Furthermore, its advantageous location is adjacent to the upcoming Creekside Crossing residential development, promising a growing population base and increased demand. Currently, an agricultural lease and agricultural tax exemption are in place. This property, situated in the Tioga I.S.D., offers a compelling blend of location, zoning, and potential, making it an attractive proposition for discerning investors and developers. The address is FM 922 Texas St, Tioga, TX 76271, Grayson County.
Cap rate
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AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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