196 Fm 1138 Fate, TX 75189
- Commercial real estate
- 3.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 196 Fm 1138
- Lot size
- 3.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional 3-acre commercial and industrial land parcel presents a remarkable development opportunity in Fate, Texas. Strategically located just off the hard corner of FM 1138 and State Highway 66, this property benefits from high visibility and exceptional daily traffic exceeding 20,000 vehicles. All essential utilities—water, electric, and septic—are conveniently located on-site, simplifying development plans. The property's location outside city limits eliminates potential city regulations and offers significant cost savings. Further enhancing its appeal, this land is situated outside any designated flood zone, mitigating risk and streamlining the building process. The site is primed for light industrial or flex space development, aligning perfectly with the area's growth trajectory. Nearby established businesses include Exxon, Ponderosa Pet Resort, and Pasturas Los Alazanes, indicating a thriving commercial environment. This 3-acre tract in Rockwall County, zip code 75189, offers a unique blend of accessibility, utility, and development potential, making it an ideal investment for discerning buyers. The property's address is 196 FM 1138, Fate, TX.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fate
- County
- Rockwall
- State
- Texas
- Longitude
- -96.369184633813
- Latitude
- 32.96917441892
