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!

694 E Highway 67

2.29 Acres of Commercial Land Offered at £1,023,516 in Alvarado, TX 76009

Investment Highlights

  • Prime Location: Direct frontage on Hwy 67, Alvarado, TX.
  • Investment Potential: Zoned for multi-family & retail use.
  • Nearby Amenities: Close to national retailers like McDonald's and Dollar General.
  • High Traffic: 25,712 vehicles per day (VPD).
  • Price: $1,300,000 for ±2.285 acres.
  • Rapidly Growing Market: Ideal for development in a dynamic area.

Executive Summary

Discover an exceptional investment opportunity on E US Highway 67 in Alvarado, Texas. This prime ±2.285-acre parcel is competitively priced at $1,300,000 and boasts excellent visibility with direct frontage on Highway 67, which experiences a high traffic volume of 25,712 vehicles per day. The rapidly growing market of Alvarado provides a dynamic environment ideal for both multi-family and retail developments. The property is surrounded by a vibrant mix of national retailers such as McDonald's, Dollar General, and AutoZone, enhancing its appeal to potential tenants and investors. The strategic location offers convenient access to major highways, ensuring seamless connectivity to the broader Dallas/Fort Worth metroplex.

Property Facts

Price £1,023,516
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 2.29 AC

1 Lot Available

Lot

Price £1,023,516
Price Per AC £446,950
Lot Size 2.29 AC

Prime 2.285-acre parcel is competitively priced at $1,300,000 and boasts excellent visibility with direct frontage on Highway 67

Description

Discover an exceptional investment opportunity on E US Highway 67 in Alvarado, Texas. This prime ±2.285-acre parcel is competitively priced at $1,300,000 and boasts excellent visibility with direct frontage on Highway 67, which experiences a high traffic volume of 25,712 vehicles per day. The rapidly growing market of Alvarado provides a dynamic environment ideal for both multi-family and retail developments. The property is surrounded by a vibrant mix of national retailers such as McDonald's, Dollar General, and AutoZone, enhancing its appeal to potential tenants and investors. The strategic location offers convenient access to major highways, ensuring seamless connectivity to the broader Dallas/Fort Worth metroplex. Additional Details Area/Neighborhood: Alvarado is a vibrant community experiencing significant growth, making it an attractive destination for new businesses and residential developments. Accessibility: The property is easily accessible via major highways, ensuring excellent connectivity and visibility. Building Features: The site is ready for development with ample parking space and essential utilities in place. Nearby Businesses: Proximity to prominent national brands such as McDonald's, Dollar General, AutoZone, and Jack in the Box, driving foot traffic and visibility. Demographics: The area boasts a growing population with strong household incomes, enhancing the property's appeal for retail and multi-family developments.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
126-2174-01010
Land Assessment
£235,097
Improvements Assessment
£0
Total Assessment
£235,097

zoning

Zoning Code Multi-family & Retail (Multi-family & Retail)
Multi-family & Retail (Multi-family & Retail)
  • Listing ID: 29548435

  • Date on Market: 18/09/2023

  • Last Updated:

  • Address: 694 E Highway 67, Alvarado, TX 76009

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') }}