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Property profile & analytics
OFF-MARKET
Land

1101 Shadow Lakes Dr Wills Point, TX 75169

14.93 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 14.93-acre commercial land parcel boasts 1431 feet of frontage along the Interstate 20 access road in Wills Point, Texas, a rapidly growing community situated midway between Dallas and Tyler. Zoned commercial with no restrictions, this property offers unparalleled visibility and accessibility, making it ideal for a wide range of development opportunities. Utilities such as water and electricity are readily available nearby. The location is particularly advantageous, being near a westbound I-20 on-ramp (towards Dallas) and adjacent to the desirable Shadow Lakes community, known for its large custom homes and excellent schools. This prime location is perfect for retail centers, grocery stores, restaurants, neighborhood services, office/flex space, or even residential development, including multifamily, senior living, or hospitality projects. The affluent demographic and high traffic count along I-20, coupled with the lack of existing commercial development in the immediate area, present a unique investment opportunity. The property's location at the FM 2965 exit/overpass ensures high visibility and easy access for customers and employees. Consider the possibilities: a truck stop, convenient store, restaurant, retail strip center, or storage facility – the potential is virtually limitless. The APN is 77603. The asking price is $1,750,000.

Property profile
Verified
Property type Land
Lot 14.93 ac (650,351 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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