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678 County Road 1235 - Savoy 82

64.58 Acres of Commercial Land Offered at £1,770,356 in Savoy, TX 75479

Investment Highlights

  • +- 65.575 Acres located on Hwy 82 between Sherman and Bohnam
  • Water Available
  • 770 ft on Highway 82
  • ZONING: Savoy ETJ - Outside City Limits with limited restrictions
  • Bois d’Arc Lake (16,641 acres) recently opened for recreation,which is estimated create an estimated 2,400 News Jobs in Fannin County.
  • Home on site is being leased for $3,100/month

Executive Summary

± 64.575 Acres
ZONING: Savoy ETJ - Outside City Limits
Excellent opportunity for RV Park, Boat Storage or Estate Lots.
UTILITIES: 3’ and 6’ Water available, No Sewer
770 ft. of Frontage on Hwy 82
Home on site is currently leased.
Limited tax exposure with Ag exemption in the place.
Approximately 59 miles North of Dalllas, Texas.
Workforce of over 550,000 within a 45 minute drive.
The property is located outside of City Limits, and affords minimal use restrictions.
Bonham is 8 miles East of the site, with a population of 24,000. Bois d’Arc Lake (16,641 acres) recently opened,which will create an estimated 2,400 News Job.
11 miles from Sherman, Texas which boasts a population of 45,000, with Texas Instruments Chip Manufacturing Facility is currently under construction for a $30 billion expansion, the largest economic development project in Texas State History. Estimated 3200 jobs will be created as a result.
Globitech’s $5 billion expansion is also underway in Sherman, which will produce an estimated 1,500 employees.
Hard Rock Hotel and Margarativille Resorts recently announced positions on Lake Texoma, just +- 35 miles North.

Property Facts

Price £1,770,356
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Hold For Investment
  • Manufactured Homes or Mobile Home Park
  • Self Storage
  • Single Family Development
  • Trailer or Camper Park
  • Truck Stop
  • Warehouse
  • Agricultural
Total Lot Size 64.58 AC

1 Lot Available

Lot

Price £1,770,356
Price Per AC £27,413
Lot Size 64.58 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 73265
  • 73261
Land Assessment
£526,910
Improvements Assessment
£301,461
Total Assessment
£828,371

zoning

Zoning Code Savoy ETJ (Outside City Limits)
Savoy ETJ (Outside City Limits)
  • Listing ID: 31623569

  • Date on Market: 26/04/2024

  • Last Updated:

  • Address: 678 County Road 1235, Savoy, TX 75479

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