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Rosenthal Road - 4.031 Acres Prime Commercial Site - Lorena,TX

4.03 Acres of Commercial Land Offered at £1,183,500 in Lorena, TX 76655

Investment Highlights

  • The land is serviced by public utilities, including electricity, water, sewage, and gas connections.
  • Close proximity to residential development allows for convenient access, encourages repeat customers, and can generate a steady flow of foot traffic.
  • High visibility and easy accessibility for customers, clients, and suppliers.
  • This opportunity is available to a full 4.031 acre site or it can be subdivided.

Executive Summary

Accessibility is a huge feature of this parcel as it offers excellent ingress and egress to I-35 and Lorena proper. The surrounding area also offers a balance between rural and urban living, which provides a calming environment while being within a reasonable distance of amenities and services. The land allows for the construction of various types of commercial buildings, such as standalone retail stores, multi-tenant office buildings, or mixed-use developments. With I-35 being located near by , this allows the parcel to feature heavy traffic counts averaging just under 80,000 vehicles currently. Adjacent to the land is a 175 residential home development that is in the construction phase.

Attachments

Brochure

Property Facts

Price £1,183,500
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Auto Dealership
  • Bank
  • Carwash
  • Convenience Store
  • Department Store
  • Drugstore
  • Fast Food
  • Garden Centre
  • General Freestanding
  • Healthcare
  • Health Club
  • Hold For Development
  • Hold For Investment
  • Hospital
  • Hotel
  • Loft or Creative Space
  • Medical
  • Office Park
  • Outlet Centre
  • Restaurant
  • Self Storage
  • Service Station
  • Strip Centre
  • Veterinarian or Kennel
Total Lot Size 4.03 AC
Cross Streets South Temple Road

1 Lot Available

Lot 1

Price £1,183,500
Price Per AC £293,672
Lot Size 4.03 AC

The owner is open to subdividing the 4.031 AC lot, if needed.

Description

The land's commercial zoning and location on two well-connected roads make it an attractive potential for investors or developers looking to establish or expand their commercial ventures. It is situated on the corner of Interstate Highway 35 and Rosenthal Road (State Highway 2837) in Lorena, Texas. Several national retailers are located within a 1 mile radius and a 175-home residential development directly behind the site is under construction.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-084700-000504-0
Land Assessment
£277,073
Improvements Assessment
£0
Total Assessment
£277,073

zoning

Zoning Code R (Commercial)
R (Commercial)
  • Listing ID: 23113474

  • Date on Market: 18/05/2021

  • Last Updated:

  • Address: Rosenthal Road, Lorena, TX 76655

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