1051 Lennon Dr Emory, TX 75440
- Land
- 1.50 lot acres
Current Use by Public Records
- Land
Property Details for 1051 Lennon Dr
- Lot size
- 1.50 lot acres
- Property type
- Land
Description
This exceptional 1.5-acre commercial lot presents a unique investment opportunity in the thriving city of Emory, Texas. Strategically located on Highway 69, this property boasts unparalleled visibility and accessibility, experiencing over 15,000 vehicles per day. Its prime location is adjacent to a newly constructed, co-branded Whataburger and Kim's Convenience Store, slated to open September 2023, ensuring consistent high traffic flow. The lot is currently zoned for agricultural use, but Emory's future land use plan designates it for commercial development, making it ideal for a variety of retail ventures. All utilities are readily available. This is the last available retail land parcel in Emory, offering a significant advantage for businesses seeking a prominent presence in this growing area. The property's size allows for flexibility, with the possibility of combining it with adjacent lots. The lot is situated at a signalized intersection, further enhancing its visibility and accessibility. Consider options for ground lease, outright sale, or a build-to-suit arrangement to perfectly align with your business needs. This is a rare opportunity to secure a highly visible and strategically located commercial property in a rapidly developing Texas market. The asking price is $555,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Emory
- County
- Rains
- State
- Texas
- Longitude
- -95.7517
- Latitude
- 32.8656