1101 Shadow Lakes Dr Wills Point, TX 75169
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.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.