1151 Lennon Dr Emory, TX 75440
- Land
- 2.00 lot acres
Current Use by Public Records
- Land
Property Details for 1151 Lennon Dr
- Lot size
- 2.00 lot acres
- Property type
- Land
Description
This exceptional 2-acre commercial lot presents a unique investment opportunity in the thriving Emory, Texas market. Strategically located on Highway 69, this property boasts exceptional visibility and high traffic counts, exceeding 15,000 vehicles daily. Its prime position is adjacent to a co-branded Whataburger and Kim's Convenience Store (projected opening September 2023), further enhancing its desirability. The lot is currently zoned for agricultural use, but Emory's future land use plan designates it for commercial development. This presents a chance to capitalize on a growing area with a signalized intersection for easy access. The property offers flexibility, with options for ground lease, outright sale, or build-to-suit arrangements. This is the last available retail land parcel in Emory, TX, making it a truly rare and valuable asset. All utilities are readily accessible. Consider the potential for significant returns in this high-demand location, situated near established businesses including Brookshire's and a hotel. The 2-acre lot also offers the possibility of combining with adjacent properties for larger-scale development. Don't miss this chance to secure a prime piece of Emory's commercial real estate landscape.
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
- Emory
- County
- Rains
- State
- Texas
- Longitude
- -95.7502
- Latitude
- 32.8646
