Current Use by Public Records
- Benny's One Stop Shop / Grocery & Convenience Store / Food Market
- U-Haul Neighborhood Dealer / Car Rental Facility
Property Details for 515 Fm 66
- Lot size
- 55.81 lot acres
- Property type
- Retail properties & Spaces
Description
This exceptional 9,702 square foot property, situated on 55.81 acres along State Highway 66 in Itasca, Texas, presents a unique investment opportunity. The main structure, a 7,750 square foot metal building constructed in 2021, offers unparalleled flexibility. Located outside city limits, it's free from zoning regulations and known deed restrictions, allowing for a wide range of uses. A significant portion (approximately 2,500 square feet) is finished with climate control, featuring a storefront with commercial doors, a counter, registers, an office, and a bathroom. This area could easily continue as retail space, or be converted for residential use, a multi-family dwelling, a bar, or any other feasible business or residential venture. A brand-new, never-used 10x8 walk-in cooler is included. Negotiable items such as refrigerators, freezers, a fryer, dough machine, prep tables, and a hot dog warmer may convey with the sale. The property also boasts a 100x50 warehouse area equipped with three roll-up doors, a loading dock, and a lift in the shop area, complemented by a 10x10 office. Two separate electrical panels simplify space division. The gravel parking lot is prepared for asphalt paving. The property is further enhanced by metal perimeter fencing and several mature pecan trees. Priced at $500,000, this property offers substantial value and limitless potential.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Itasca
- County
- Hill
- State
- Texas
- Longitude
- -97.1697
- Latitude
- 32.1117
