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Nick Van Der Gaast

nick@nicksellsdfw.com +1(817) 307-6521

$175,000

Est. payment - /mo

4.97 Acres Lot

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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 None

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.

Exterior

Utilities Available Asphalt, City Sewer, City Water, Electricity Available, Overhead Utilities

Street Surface Asphalt

Garage No

Building

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

Schools

Elementary Schools Commerce

Middle Schools Commerce

High Schools Commerce

School District Commerce Isd

Others

Restrictions Development,Easement(s)

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

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by John Holmes • Compass RE Texas, LLC

Nearby School & Business

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Nick Van Der Gaast

+1(817) 307-6521

Agent | License ID: 0698764

Agent License ID: 0698764

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0000 Caddo Commerce, TX 75428

Nick Van Der Gaast

Key Details

Location

Exterior

Building

Schools

Others

Nearby School & Business

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