Property summary
This exceptional 2.7-acre commercial land parcel, located at 00 South Tool Drive, Tool, TX 75143 (APN: 4516.0000.0070.63), presents a unique investment opportunity. Priced at $89,000 ($32,962.96/acre), this property offers significant potential for development. Zoned R1, the land encompasses 117,612 square feet and is situated in a desirable location just minutes from Cedar Creek Lake. The lot boasts a nice, level building site with readily accessible power and water connections. A water meter and sewer form from Wccmud will be included with the sale. Buyers are responsible for verifying all city services and restrictions. This property offers ample space, providing room for various projects and ensuring privacy from neighbors. The property is located within the Malakoff ISD. Special financing options are available for those interested in building on the land, allowing for the purchase and construction of a building with a single loan. This is a rare opportunity to acquire a sizable, well-located commercial lot in a growing area.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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