Fm 664 Ferris, TX 75125
- Land
Current Use by Public Records
- Land
Property Details for 0 Fm 664
- Property type
- Land
Description
This exceptional commercial land offering presents a unique investment opportunity in the rapidly growing city of Ferris, Texas. Comprising two available lots totaling 17.44 acres, this property boasts unparalleled visibility and accessibility, situated directly on FM664. Both lots feature direct road frontage and are approximately 280 feet deep, ideal for commercial pad sites. Lot 1 encompasses 4.69 acres, priced at $1,634,371 ($348,480 per acre), while Lot 2 offers 2.17 acres for $756,201 ($348,480 per acre). The location benefits from existing utilities on-site, proximity to schools and a vibrant downtown area, and is strategically positioned within a thriving residential community. Furthermore, this property is adjacent to a planned 900+ acre development, promising significant future growth and increased property value. Its convenient location, just 20 minutes from downtown Dallas, makes it an attractive proposition for investors and developers seeking a high-growth market with excellent infrastructure and accessibility. This is a rare opportunity to acquire prime commercial land in a rapidly expanding Texas city.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ferris
- County
- Ellis
- State
- Texas
- Longitude
- -96.6885
- Latitude
- 32.5378
