This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

3 Fm 1388 - Valuable Corner on Highway 34 for Commercial

4.36 Acres of Commercial Land Offered at £1,485,873 in Kaufman, TX 75142

Investment Highlights

  • Kaufman annual growth rate 2%-3%
  • One hour from Dallas
  • Property has been owned by same family for multiple generations

Executive Summary

Minerals:
Contact listing broker for more information.

This ranch is being offered For Sale and is Exclusively Listed by Shelle Carrig & Harlan Ray & David Burgher of Briggs Freeman Sotheby’s International Realty. Buyer’s brokers must be identified on first contact and must accompany buying prospect on first showing to be allowed full fee participation. If this condition is not met, fee participation will be at sole discretion of the Listing Broker. Prospects may be required to provide proof of funds prior to scheduling a showing.

Property Facts

Price £1,485,873
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Bank
  • Convenience Store
  • Daycare Centre
  • Drugstore
  • Fast Food
  • Healthcare
  • Hotel
  • Medical
  • Neighborhood Centre
  • Office Park
  • Religious Facility
  • Restaurant
  • Self Storage
  • Service Station
  • Storefront
  • Storefront, Retail or Office
  • Strip Centre
  • Supermarket
Total Lot Size 4.36 AC

1 Lot Available

Lot

Price £1,485,873
Price Per AC £340,796
Lot Size 4.36 AC

This property is prime for development with the city of Kaufman growing 2%-3% per year. Both water and electricity are available to this tract of land. A city water line runs in front of the property on S Houston Street.

Description

A valuable hard corner location on HWY 34 at FM 1388 in Kaufman, TX. The property has been owned and well cared for by the same family for multiple generations. Location: The property is located less than one hour from Dallas in the city of Kaufman on the westside of FM 1388 and the intersection HWY 34, which loops around Kaufman, TX. Road Frontage/Access: The property has 499 ft of frontage on FM 1388/Houston Street. Development Potential: This property is prime for development with the city of Kaufman growing 2%-3% per year. Both water and electricity are available to this tract of land. A city water line runs in front of the property on S Houston Street. Current Zoning: The property is located in the city limits of Kaufman and zoned for commercial/retail. City Demographics/Schools: As of 2018, Kaufman had an estimated population of 7,500 people residing within the city limits with an annual growth rate of 2%-3%. The subject property is served by the following Kaufman ISD schools – Nash Elementary School, Norman Junior High School, Kaufman High School.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5274
Land Assessment
£891,625
Improvements Assessment
£0
Total Assessment
£891,625

zoning

Zoning Code C2 (Commercial Retail)
C2 (Commercial Retail)
  • Listing ID: 18670475

  • Date on Market: 27/02/2020

  • Last Updated:

  • Address: 3 Fm 1388, Kaufman, TX 75142

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}