5 ACRES ON HWY 155 IN COFFEE CITY FOR SALE
Vacant Land
for Sale
| Catylist Listing ID: |
30360086 |
| Property Subtypes: |
Office, Retail, Retail-Pad, Other
|
| 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: |
4/8/2020 |
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.
|
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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