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- LoopNet Team
15048 US Highway 75
Van Alstyne, TX 75495
Specialty Property For Sale
·
11,000 SF
INVESTMENT HIGHLIGHTS
- 20 Prime Acres on US Hwy 75, with Approximately 550' of Frontage
- Two entrances into the property on the West side facing 75
- Property located in the County (ETJ of Van Alstyne)
- Gross Sales of over $1,350,000 already for 2023 (as of end of October)
- There is another entrance
- US HWY 75 sees over 58,000 Vehicles Per Day
PROPERTY FACTS
ABOUT 15048 US HIGHWAY 75 , VAN ALSTYNE, TX 75495
This property is +/- 20 Acres on Hwy 75 in Van Alstyne, TX (Grayson County). This property has a profitable stone yard business on approximately the front 3.5 to 4 acres. The rest is just vacant land. The land value alone on this property is significant. The business has a lot of equipment of high value that can be sold in the purchase as well as all of the stone inventory. The margins are high on the business and it is relatively simple to run. There are limited suppliers that deliver the product to the site. Then 60% of the customers pick up their own orders. There are only 5 to 7 employees needed to run this business well. The exposure here helps with free advertising for the business and a new owner could do so much more to streamline the business and increase overall volume and profitability. The site would also bode well to future retail, office, multifamily, flex, or mixed use development in the future.
PROPERTY TAXES
| Parcel Number | 384684 | Improvements Assessment | $1,286,615 |
| Land Assessment | $266,643 | Total Assessment | $1,553,258 |
PROPERTY TAXES
