Current Use by Public Records
- Land
Property Details for 0 Cotton Franklin Rd
- Lot size
- 2.30 lot acres
- Property type
- Land
Description
This exceptional 2.3-acre commercial land parcel presents a unique investment opportunity in Gordonville, Texas. Located conveniently between Highway 377 and Cotton Franklin Road, this property boasts unparalleled access to Lake Texoma and the Megastar Casino. The land consists of two contiguous parcels (Property IDs 438692 and 438691), offering flexibility for a variety of commercial ventures. Its prime location, outside city limits, allows for diverse development options, including marina-adjacent resorts, outdoor adventure hubs, retail villages, storage facilities, eco-friendly campgrounds, or event venues. The proximity to three local marinas and the casino ensures high visibility and potential for significant foot traffic. This versatile acreage offers entrepreneurs and investors the chance to capitalize on the thriving tourism and recreation industry in the area. The asking price is $280,000. The property's location in Grayson County, Texas, zip code 76245, provides easy access to major transportation routes. This is a rare opportunity to acquire a substantial land parcel with exceptional potential in a desirable location. The property is zoned for commercial use, allowing for a wide range of development possibilities. The seller is motivated and ready to negotiate.
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
- Gordonville
- County
- Grayson
- State
- Texas
- Longitude
- -96.8439
- Latitude
- 33.839
