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GP Theriot IV

gp@gptheriot.com +1(214) 789-5888

$ 175,000

Est. payment | -/mo

4.97 Acres Lot

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$ 175,000

Est. payment | -/mo

Save Virtual Tour

4.97 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Improved Land

Listing Status Active

Purchase Type For Sale

Subdivision Orig Town Of Commerce

MLS Listing ID 20864728

HOA Y/N No

Lot Size 4.966 Acres

Acres 4.966

Property Sub-Type Improved Land

Property Description

Prime Development Opportunity in Commerce, TX - 4.966 Acres (2 lots being sold as 1) Exceptional development opportunity awaits in Commerce with this expansive 4.966-acre property consisting of two combined lots. This versatile land parcel offers tremendous potential for various development scenarios including residential subdivisions, multi-family housing, or a spectacular custom home with amazing space. The property boasts strategic positioning with excellent access to major thoroughfares, ensuring convenient connectivity throughout the city. Located within walking distance to local restaurants, retail establishments, and East Texas A&M University, this land offers the perfect blend of convenience and opportunity. Investors and developers will appreciate the prime location that appeals to students, faculty, and local residents alike. This lot is situated within an Opportunity Zone, a federal program established by the 2017 Tax Cuts and Jobs Act to encourage long-term investment in economically distressed communities. ? Investors can benefit from capital gains tax incentives when they reinvest in Qualified Opportunity Funds that support development in these zones.

Location

State TX

County Hunt

Zoning Residential. Contact P&Z with questions: 903-886-1101

Direction Live Oak to W. Neal St. Left on Neal. Lot is at the intersection of Neal and Caddo.

Interior

Fireplace No

Exterior

Utilities Available Electricity Available, Overhead Utilities, Sewer Available, Water Available

Water Access Desc Public

Street Surface Asphalt

Private Pool No

Building

Lot Description Acreage, Interior Lot, Irregular Lot, Many Trees, City Lot

Sewer Public Sewer

Water Public

Schools

Elementary Schools Commerce

Middle Schools Commerce

High Schools Commerce

School District Commerce Isd

Others

Tax ID 70312

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20864728

Nearby Locations

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GP Theriot IV

Real Estate Consultant, US Army Veteran (CPT) Lic# 0817775

gp@gptheriot.com

+1(214) 789-5888

5605 North McArthur Blvd, Irving, TX 75038, USA

0000 Caddo Commerce, TX 75428

GP Theriot IV

Key Details

Location

Interior

Exterior

Building

Schools

Others

0000 Caddo