5 ACRES ON HWY 155 IN COFFEE CITY FOR SALE
Vacant Land
for Sale
Sale Pending
Catylist Listing ID: |
30360086 |
Property Subtypes: |
Office, Retail, Retail-Pad, Other
|
Status: |
Pending |
Gross Land Area: |
5.26 Acres
|
Sale Price: |
$295,000 |
Unit Price: |
$56,083 Per Acre |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
3/1/2021 |
Overview / Comments
This is a nice corner parcel right on the busy intersection of HWY 155 & FM 3506. Ideally located for a Hotel, Restaurant, Retail Center, Gas Station, etc. Seller thinks that the Family Dollar driveway is set up for shared access to HWY 155 from the state, parcel also has 2 additional existing driveways in place on FM 3506. With over 15,000+ cars passing by daily and over 240' of frontage on HWY 155 this is a prime parcel ready for development.
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Additional Details
Nearest MSA: |
Palestine |
County: |
Anderson |
Taxing Authority: |
HENDERSON COUNTY |
Tax ID/APN: |
0624.0020.0A00.10 |
Zoning: |
COMMERCIAL |
Property Visibility: |
Excellent |
Legal Description: |
AB 624 WM PICKETT SUR, TR 2A, 5.26 acres |
Largest Nearby Street: |
HWY 155 |
Traffic/Vehicle Count: |
15,000 |
Highway Access: |
YES, HWY 155 |
Site Description: |
Level, cleared. |
Area Description: |
Right in the Heart of Coffee City |
Lot Frontage: |
240' |
Lot Depth: |
691' |
Zoning Description: |
None used in Coffee City |
Topography: |
Level |
Available Utilities: |
Electric, Water |
Water Service: |
Municipal |
Sewer Type: |
None |
Demographic Statistics
Proximity: |
3 miles |
5 miles |
Total Population: |
6,829 |
9,927 |
Median Age: |
49.06 |
48.31 |
Households: |
2,901 |
4,179 |
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