Current Use by Public Records
- Commercial real estate
Property Details for Highway 114
- Lot size
- 18.90 lot acres
- Property type
- Commercial real estate
Description
This exceptional 18.9-acre property presents a remarkable development opportunity in the desirable town of Paradise, Texas. Strategically located on Highway 114, this expansive tract boasts significant road frontage, ensuring high visibility and convenient access. The land is currently designated as ag-exempt, offering potential tax advantages. Its unique position is further enhanced by access from three surrounding roads, providing multiple entry points and facilitating efficient site planning. The property's prime location within Paradise offers a blend of rural tranquility and convenient access to essential amenities and transportation routes. This is a rare chance to acquire a substantial parcel of land with significant development potential in a thriving Texas community. The expansive acreage allows for a wide range of development possibilities, from commercial ventures to residential subdivisions, subject to local zoning regulations. The existing ag-exempt status presents a valuable financial incentive for prospective buyers. The multiple road access points offer flexibility in design and infrastructure planning, minimizing potential logistical challenges. This property is an exceptional investment opportunity for those seeking a large-scale development project in a highly desirable location. Serious inquiries are encouraged to explore the full potential of this unique offering. The seller is motivated and ready to negotiate. Don't miss this chance to own a piece of Paradise.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Paradise
- County
- Wise
- State
- Texas
- Longitude
- -97.6577
- Latitude
- 33.1088
