150 Lake Fork Dr Emory, TX 75440
- Land
- 6.05 lot acres
Current Use by Public Records
- Land
Property Details for 150 Lake Fork Dr
- Lot size
- 6.05 lot acres
- Property type
- Land
Description
This exceptional 6.05-acre commercial land parcel presents a unique development opportunity in the thriving town of Emory, Texas. Strategically located on Lake Fork Drive, this lot enjoys high visibility and accessibility, situated next to a Whataburger and a Kim's Convenience Store (opening September 2023). The property's prime location offers significant advantages for businesses seeking high traffic exposure. Currently zoned agricultural, the land is designated for future commercial use within the Emory city plan, ensuring a smooth transition for development. All utilities are readily available, simplifying the construction process. This is the last available retail land in Emory, offering a rare chance to establish a presence in this growing area. The property's size allows for flexibility in development plans, and it's situated near a signalized intersection, further enhancing its appeal. Considerable synergy exists with nearby established businesses, including a Brookshire's grocery store and a hotel. The property is available for sale, ground lease, or build-to-suit options, providing adaptable solutions for various investment strategies. The asking price is $615,000. This presents a compelling investment opportunity in a dynamic Texas market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Emory
- County
- Rains
- State
- Texas
- Longitude
- -95.7506
- Latitude
- 32.8663
