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Expressway 83
Penitas, TX 78576
Land For Sale
·
124.00 AC
INVESTMENT HIGHLIGHTS
- High Traffic Expressway Frontage
- Great Access All Around
- Over 2,000 SF of Frontage Along the Expressway
- Major Mixed Use Potential
PROPERTY FACTS
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 124.00 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | Agriculture | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 124.00 AC |
| Opportunity Zone |
Yes |
| Zoning | Agriculture |
1 LOT AVAILABLE
Lot
| Price | $8,060,000 | Lot Size | 124.00 AC |
| Price Per AC | $65,000.00 |
| Price | $8,060,000 |
| Price Per AC | $65,000.00 |
| Lot Size | 124.00 AC |
DESCRIPTION
The land is situated on Expressway 83 in Penitas, TX, with approximately 2,000 SF of Frontage along the Expressway. This large tract of land offers a tremendous opportunity for a true mixed-use development. The property is located within a booming retail trade along the Expressway.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $317,242 | |
| Land Assessment | $1,157,235 | Total Assessment | $1,474,477 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,157,235
Improvements Assessment
$317,242
Total Assessment
$1,474,477
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