239 Vz County Road 2122 Canton, TX 75103
This exceptional 5.95-acre commercial property is situated just outside the city limits of Canton, Texas, offering convenient access to all that the town has to offer while enjoying a peaceful, rural setting. The property boasts a highly desirable location, providing easy access to Canton High School, with the unique advantage of potential direct access to the school's practice field via a future gate installation (subject to necessary approvals). The land comprises two lots within a country subdivision, enhancing its appeal and potential for development. Two existing driveways provide ample access, and a pre-existing storage workshop equipped with electricity is included, offering immediate utility. The property is further enhanced by the availability of Myrtle Springs water, with a meter conveniently located at the roadside. This presents a significant advantage for any future construction or development plans. Note that an additional, separately listed property, a house on a 0.8-acre lot, is located adjacent to this parcel, presenting a potential opportunity for combined acquisition. The property is zoned for commercial use and is listed at $191,000. The address is 239 Vz County Rd 2122, Canton, TX 75103.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.