10616 County Road 506 Venus, TX 76084
- Commercial real estate
- 144.46 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 10616 County Road 506
- Lot size
- 144.46 lot acres
- Property type
- Commercial real estate
Description
This exceptional 144.46-acre commercial land parcel presents a unique investment opportunity in the rapidly growing Mansfield/Venus/Midlothian submarket of North Texas. Located in unincorporated Johnson County, this property boasts convenient access to major transportation arteries, including US 67, IH-35, and US 287, providing swift connections to the Dallas/Fort Worth International Airport and the central business districts of both Dallas and Fort Worth (approximately 22 miles away). The property is already equipped with water and electricity, and the City of Venus is actively developing a large sewer line along US 67, situated just half a mile away. This strategic location places the land directly in the path of significant recent development, mirroring the substantial land acquisitions by major developers within the past two years in the immediate vicinity. The property's potential is further enhanced by its adjacency to a 62-acre parcel, also available for purchase, allowing for the acquisition of a combined 206.46 acres. This represents a rare chance to capitalize on the escalating property values in this thriving area while securing a substantial land holding with excellent infrastructure access. The recent sale of an adjacent 118.71-acre parcel in October 2023 underscores the market demand and the property's inherent value. Don't miss this opportunity to secure a prime piece of Texas commercial real estate poised for significant growth. The property is located at 10616 County Rd 506, Venus, TX 76084.
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
- Venus
- County
- Johnson
- State
- Texas
- Longitude
- -97.126202
- Latitude
- 32.448939
