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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
Property Facts
Price | £1,023,516 | Property Subtype | Commercial |
Sale Type | Investment or Owner User | Proposed Use | Commercial |
No. Lots | 1 | Total Lot Size | 2.29 AC |
Property Type | Land |
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 | Lot Size | 2.29 AC |
Price Per AC | £446,950 |
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
Parcel Number | 126-2174-01010 | Improvements Assessment | £0 |
Land Assessment | £235,097 | Total Assessment | £235,097 |
PROPERTY TAXES
zoning
Zoning Code | Multi-family & Retail (Multi-family & Retail) |
Multi-family & Retail (Multi-family & Retail) |
Presented by
694 E Highway 67
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