289 & Fm 120 Pottsboro, TX 75076
- Land
- 40.00 lot acres
Current Use by Public Records
- Land
Property Details for 289 & Fm 120
- Lot size
- 40.00 lot acres
- Property type
- Land
Description
This exceptional 40-acre commercial land parcel presents a unique investment opportunity in Pottsboro, Texas. Strategically located at the north end of Preston Road's growth corridor, this property offers unparalleled visibility and accessibility. The site is anchored by a Brookshire's grocery store, providing immediate brand recognition and drawing significant foot traffic. Several development options exist, including hard corner pads, pad sites, and retail spaces suitable for various uses such as retail, office, single-family, and multifamily developments. Large development parcels are available, catering to diverse project scales. The property benefits from its proximity to the newly opened Abbington Junction apartments and the North Texas Regional Airport, enhancing its appeal and potential for growth. Situated within a Tax Increment Reinvestment Zone (TIRZ), this location offers potential tax advantages. The site is currently subdivided into several lots, with some already developed (Domino's Pizza) and others available for immediate development. Specifically, approximately 12 acres are available in the NWQ, while 22.5 acres in the NEQ are under contract. Additional smaller lots of approximately 3.8 acres, 2 acres, and 1.9 acres are also available for sale. This prime location in Grayson County, Texas (zip code 75076), offers a compelling opportunity for significant return on investment. The property is located at the intersection of Preston Road/Highway 289 and FM 120.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pottsboro
- County
- Grayson
- State
- Texas
- Longitude
- -96.6812
- Latitude
- 33.7636
