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1200 S US Highway 281

5.54 Acres of Commercial Land Offered at £396,164 in Hamilton, TX 76531

Executive Summary

Dale's Service Center has been a successful auto mechanic shop since 1978 servicing Hamilton, Texas. Dale is retiring and offering this property for sale for the first time. The property consists of 5.54 acres of prime land located just south of town with frontage on Highway 281 and gravel road frontage down one side. This property will be very near the proposed location for the Highway 281 Expansion Loop to be constructed in the near future, according to TXDOT. The property's road frontage, easy access and proximity to the new loop make it a prime location for future development. Retail locations, RV Park, Motel, Convenience store...the possibilities are endless.
Improvements on the property include a 4,050 square-foot metal building with three drive-through bays, parts room, 2 offices, a restroom and upstairs storage. The property has its own water well and septic system. It is outside the city limits, but does have access to a city line running along the front of the property. The building is insulated with 16 foot walls, has a reinforced 6-in concrete slab, gas heaters, and air compressor with air piped to all bays. This is very hard-to-find property on Highway 281 with unlimited possibilities.

Property Facts Under Contract

Price £396,164
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
Total Lot Size 5.54 AC

1 Lot Available

Lot

Price £396,164
Price Per AC £71,510
Lot Size 5.54 AC

Description

Dale's Service Center has been a successful auto mechanic shop since 1978 servicing Hamilton, Texas. Dale is retiring and offering this property for sale for the first time. The property consists of 5.54 acres of prime land located just south of town with frontage on Highway 281 and gravel road frontage down one side. This property will be very near the proposed location for the Highway 281 Expansion Loop to be constructed in the near future, according to TXDOT. The property's road frontage, easy access and proximity to the new loop make it a prime location for future development. Retail locations, RV Park, Motel, Convenience store...the possibilities are endless.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R18564
Land Assessment
£109,738
Improvements Assessment
£46,502
Total Assessment
£156,240
  • Listing ID: 32442601

  • Date on Market: 12/07/2024

  • Last Updated:

  • Address: 1200 S US Highway 281, Hamilton, TX 76531

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