Michelle Lim

REMAX Premier
License number: 0630492
phone: (972) 696-9546
 mobile: (214) 205-1338
 fax: (972) 403-2015
 www.mlzip.com
2100 Dallas Parkway Suite102
 Plano, TX 75093
$2,349,000
8293 US-377 Highway, Pilot Point, Texas 76258, USA
MLS#
21228436
Property Type
Residential For Sale, Single Family
Property Size
2,640 sqft (245.256 m2)
Land size
3.05 sqft (0.28 m2)
Status
Bedrooms
4
Baths
3
Sale price per sqm
9,577.43 $
Virtual Tour
3.049 +- Commercial Eligible Acres with over 225 feet of Highway 377 frontage. Now available for the first time in over 50 years, positioned directly in the path of opportunity. Not located in Flood Zone and Outside City Limits. East facing Prime location with immediate proximity to N. Sherman Drive, FM 455, Springhill Road and US HWY 380 known as the North Texas most active Commercial Corridors. This offering includes the opportunity to acquire the 3.049 acre tract, one of two contiguous parcels. The adjoining 2.716 Acre parcel is not for sale at this time and not included in this offering. Currently zoned residential this rare property is surrounded by expanding infrastructure and ongoing residential development, this location offers both immediate access and long term upside for investors, institutional assembly and commercial users. With planned TXDOT 6-lane highway expansion, this property is set to benefit from increased traffic counts, enhanced visibility and long term commercial viability. New owners will receive the eminent domain compensation from TXDOT partial acquisition which consists of. approx 5,7678 sq ft. As infrastructure drives development, sites like this become key anchors for future retail, service or mixed use projects to cater to the surge of new residential development. Structured with a one-year lease back to Seller this income producing property has a residential 4 bedroom 3 bath with recreation room single family home or office and propane heated pool. Well-suited for an owner-operator looking to establish a flagship presence. Buyers are encouraged to conduct independent due diligence to verify all information. Owner occupied. This property is subject to eminent domain. Information uploaded in transaction desk Please contact Listing Agent Ashlee Luna for additional questions or to schedule a tour. Survey available.
Rooms
  • 1 dining room
Property Details
1973 Year Built:
Farm/Ranch House, Single Detached Property Type:
Craftsman Style:
Resale Condition:
Pool Recreational Features:
Heated Pool Description:
City Water, septic tank, Individual Water Meter Utilities:
Parking / Garage
4 Number of Carport Spaces:
School Information
911 School District:
Pilot Point Elementary School:
Pilot Point High School:
Pilot Point Middle School:

Listing by: RE/MAX Premier
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