443 Us Highway 84 Fairfield, TX 75840
- Land
- 65.00 lot acres
Current Use by Public Records
- Land
Property Details for 443 Us Highway 84
- Lot size
- 65.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 65-acre tract presents a remarkable investment opportunity in Fairfield, Texas. Strategically located at the intersection of US Highway 84 and Interstate Highway 45, this property boasts approximately 1100 feet of frontage on IH-45 and 1200 feet of direct access to US Highway 84. The site is ideally positioned to capitalize on the growth of the Fairfield Lake luxury home and golf course development, serving as a key gateway to this burgeoning community. Currently zoned for agriculture, the property is suitable for a wide range of commercial and industrial uses, including multi-family residential, single-family residential, retail, distribution, warehousing, and logistics. The city of Fairfield offers a Freeport Tax Exemption, providing significant tax advantages for qualifying businesses. Utilities are either on-site or readily accessible. This prime location benefits from its proximity to major metropolitan areas, including Dallas-Fort Worth (90 miles south), Houston (140 miles north), and Austin (135 miles northeast), placing it squarely within the Texas Triangle. The Texas Department of Transportation (TxDOT) is scheduled to begin realignment of the IH-45 northbound exit ramp at Highway 84 in early 2023, providing direct access to the property from the northbound frontage road. This project significantly enhances the property's accessibility and value. The asking price is $8,500,000, translating to $130,770 per acre. APN numbers are 60533, 69534, 5387, 5867, 49891, and 5866. Title company is Heritage Title and Abstract.
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
- Fairfield
- County
- Freestone
- State
- Texas
- Longitude
- -96.1712
- Latitude
- 31.718
