I20 E Winona, TX 75792
This exceptional 93-acre commercial land parcel presents a remarkable investment opportunity in Winona, Texas, situated at TBD E I20, zip code 75792. Located in Smith County, this property boasts a strategic position on a fast-growing intersection between Dallas and Shreveport, making it ideal for various commercial ventures. The asking price is $3,950,000. Its high visibility and proximity to established businesses, including recently constructed travel centers and a soon-to-be-built Loves location on opposing corners, significantly enhance its potential. The property's accessibility is further improved by a county road traversing its northern side, offering the possibility of separate sale or utilization as a secondary access point, particularly beneficial for developments such as RV parks or motels. Water and sewer services are readily available in the vicinity. The property's versatility extends to potential residential development, given its proximity to the UT/Ardent Health Center. The seller is open to subdividing the land, and illustrative examples of potential lot divisions are available for review. This presents a unique chance to acquire a large-scale tract of land with significant development potential in a rapidly expanding area of Texas. The coordinates are 32.437349 latitude and -95.1062562 longitude.
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
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No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.