59 Hwy Marshall, TX 75670
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 59 Hwy
- Property type
- Commercial real estate
Description
This exceptional 1.27-acre commercial tract presents a prime investment opportunity in the thriving city of Marshall, Texas. Strategically located at the high-traffic intersection of Highway 59 and Highway 43, this property boasts daily traffic counts exceeding 21,000 vehicles. Its location within 2000 feet of Walmart and other major retailers ensures high visibility and accessibility. The property is already graded and "shovel ready," with city water, sewer, and electric services readily available. Adding to its appeal, the sale includes existing billboard income. This area is experiencing significant growth, evidenced by recent developments such as Chick-fil-A, Dairy Queen, two tunnel car washes, and various strip retail establishments. The property enjoys excellent visibility, situated near other prominent retailers including Lowe's, Chili's, and Kroger. Marshall's robust economy benefits from its strategic location, serving as a hub for oil and gas exploration and production, legal services, and the convergence of major highways including Highway 80, Highway 59, and Interstate 20. This presents a unique chance to capitalize on a high-demand location with immediate development potential and consistent revenue generation from the billboard. The property's size and location make it ideal for a variety of commercial uses.
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
- Marshall
- County
- Harrison
- State
- Texas
- Longitude
- -94.3501
- Latitude
- 32.5451
