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E Audie Murphy Pkwy 13.31 - 89.59 Acre Commercial Land Lots Offered at $1,863,400 - $5,276,400 Per Lot in Farmersville, TX 75442

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EXECUTIVE SUMMARY

E Audie Murphy Parkway, Farmersville, TX 75442
• Collin County, Farmersville ETJ
• Farmersville ISD
• Zoned: D1 (Qualified Open Space AG Land)
• +/-123 Acres
• Hard Corner of U.S. Hwy 380 and County Road 697
• ±1,956’ Frontage to U.S. Hwy 380
PRICING
• Price for all 123 acres: $9,999,900 or $81,300/ acre
• List price for selling off three, individual parcels:
- Proposed 89.59 AC Tract 1 (Divisible): $5,276,400 or $58,895/Acre (Will divide 89-acre parcel down into +/– 20 to +/– 40 acre tracts)
- Proposed 20.43 AC Tract 2: $2,860,200 or $140,000/Acre
- Proposed 13.31 AC Tract 3: $1,863,400 or $140,000/Acre
INFRASTRUCTURE
WATER:
• Provided by the Caddo Basin utility, with a 12” line on the south side of U.S. 380
• City has a 12” line along the north side of U.S. 380 and would like to serve the property
• Existing, 4” water line along County Rd. 697
SEWER:
• Service provided by City via existing, 8” sewer line along north side of U.S. Highway 380
• Private lift station required to pump sewage to City’s main
NATURAL GAS:
• Provided by a regulated entity, Atmos Energy
ELECTRICAL:
• Provided by Oncor and is deregulated for retail service contracts
• Electric confirmed to be available on the east side of the 123-acre parcel
TELEPHONE / FIBER:
• Current fiber exists along U.S. 380
OFFSITE REQUIREMENTS
• Include a water and sewer connection on the north side of U.S. 380

PROPERTY FACTS

Price $1,863,400 - $10,000,000
Sale Type Investment
No. Lots 3
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Distribution
  • Industrial Live or Work Unit
  • Industrial Park
  • Warehouse
Total Lot Size 123.33 AC
Zoning ETJ/AG/I - ETJ/Industrial/Ag

3 LOTS AVAILABLE

Lot 1

Price $5,276,400
Price Per AC $58,894.97
Lot Size 89.59 AC

• Gross Acres: 89.59 • Net Acres: 87.94 • Will divide 89-acre parcel down into +/– 20 to +/– 40 acre tracts • $58,895/Acre • $5,276,400 • CR 697 Frontage • Includes a R.O.W. Easement

Lot 2

Price $2,860,200
Price Per AC $140,000.00
Lot Size 20.43 AC

• Gross Acres: 20.43 • Net Acres: 19.92 • $140,000/Acre • $2,860,200.00 • CR 697 & U.S. 380 Frontage • Includes a R.O.W. Easement

Lot 3

Price $1,863,400
Price Per AC $140,000.00
Lot Size 13.31 AC

• Gross Acres: 13.31 • $140,000 /acre • $ 1,863,400 • U.S. 380 Frontage • Includes a R.O.W. Easement

DESCRIPTION

E Audie Murphy Parkway, Farmersville, TX 75442 • Collin County, Farmersville ETJ • Farmersville ISD • Zoned: D1 (Qualified Open Space AG Land) • +/-123 Acres • Will divide 89-acre parcel down into +/– 20 to +/– 40 acre tracts • Hard Corner of U.S. Hwy 380 and County Road 697 • ±1,956’ Frontage to U.S. Hwy 380 PRICING • List price for entire, 123-acre parcel: $88,700/Acre • List price for selling off 3, individual parcels: - Proposed 89.59 AC Tract 1: $69,000/Acre - Proposed 20.43 AC Tract 2: $150,000/Acre - Proposed 13.31 AC Tract: $150,000/Acre INFRASTRUCTURE WATER: • Provided by the Caddo Basin utility, with a 12” line on the south side of U.S. 380 • City has a 12” line along the north side of U.S. 380 and would like to serve the property • Existing, 4” water line along County Rd. 697 SEWER: • Service provided by City via existing, 8” sewer line along north side of U.S. Highway 380 • Private lift station required to pump sewage to City’s main NATURAL GAS: • Provided by a regulated entity, Atmos Energy ELECTRICAL: • Provided by Oncor and is deregulated for retail service contracts • Electric confirmed to be available on the east side of the 123-acre parcel TELEPHONE / FIBER: • Current fiber exists along U.S. 380 OFFSITE REQUIREMENTS • Include a water and sewer connection on the north side of U.S. 380

  • Listing ID: 30828916

  • Date on Market: 1/31/2024

  • Last Updated:

  • Address: E Audie Murphy Pkwy, Farmersville, TX 75442

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