$2,500,000

Vacant Land

  • 62.48 Ac lot
  • Updated: October 8
  • MLS#21406192

About the Property

Exceptional investment and development opportunity in the rapidly growing Van Alstyne area! This approximately 62.48-acre tract on County Road 218 is strategically positioned near FM 3356, less than 2 miles south of FM 121 and approximately 3 miles north of FM 455. These major east-west corridors provide convenient connectivity between US Highway 75 and Preston Road (SH 289), placing the property
Exceptional investment and development opportunity in the rapidly growing Van Alstyne area! This approximately 62.48-acre tract on County Road 218 is strategically positioned near FM 3356, less than 2 miles south of FM 121 and approximately 3 miles north of FM 455. These major east-west corridors provide convenient connectivity between US Highway 75 and Preston Road (SH 289), placing the property in the middle of continued North Texas growth and development. Offered at $2,500,000, approximately $40,013 per acre or $0.92 per square foot, the property is competitively priced to account for a north-south transmission corridor that bifurcates the acreage. This creates an opportunity for investors, developers and users whose plans may be able to incorporate or work around the existing utility infrastructure and easement. The property is currently utilized for hay production with water and electricity available. Potential uses to investigate may include residential or commercial development, solar or renewable energy, RV park, utility or infrastructure-related uses, outdoor storage, agricultural use, or long-term land investment. With significant development already occurring throughout Van Alstyne and the surrounding North Texas corridor, this property offers substantial acreage in a location positioned for continued growth. Buyer and buyer’s agent to independently verify all information, including acreage, utilities, zoning, restrictions, easements, access, development potential and feasibility of any proposed use.
…
  • Property type

    Land

  • Year built

    2003

Explore the Area

62.48 Ac County Road 218, Van Alstyne, TX 75495, Anna, Texas, United States View on Google Maps
Price per sqft
Low
High

View 92 more listings in Anna

Coldwell Banker Realty - Frisco

Joined 6 years ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

Coldwell Banker Realty - Frisco
Texas, United States
View agency profile
30
Listings
2021
Joined

Book home tour with the agent

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
Coldwell Banker Realty - Frisco
Coldwell Banker Realty - Frisco
3211 Internet Blvd Ste 150, 75034, Frisco, Texas, United States
View agency profile
Last updated
October 8
First listed
October 8
Listing reference
g99yns
Call

Start phone call with:

Hello, I’m calling for the property with the reference g99yns, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.

brokerages we
partnered with