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Investment Highlights

  • Located Within Crandall TIRZ #6, a City-Designated Incentivized/Reinvestment & Growth Area
  • 56,441 Combined VPD at the Corridor on US-175, US-175 Frontage and FM 148
  • ±9 Contiguous Acres Across Three Parcels
  • Hard Corner Location—Prominent US-175 Visibility at FM 148 Interchange
  • City Utilities Reported Available

Executive Summary

US-175 GATEWAY COMMERCIAL DEVELOPMENT OPPORTUNITY
M&D CRE is pleased to present a rare opportunity to acquire approximately 9 acres on the hard corner of US-175 and FM 148 in Crandall, Texas. Located within TIRZ #6, a city-designated Tax Increment Reinvestment Zone established to encourage infrastructure improvements, economic development, and private investment, the property offers outstanding visibility, high traffic counts, city utilities, and Planned Development zoning for a variety of commercial uses, including retail, restaurants, hospitality, professional office, and mixed-use development.
Qualifying projects may be eligible for Crandall EDC development grants. Positioned adjacent to the US-175/FM 148 interchange, the site benefits from excellent accessibility and exposure within one of Kaufman County’s fastest-growing corridors, with traffic counts over 56,000 combined. Nearby destinations such as Rusted Rail Golf Club and Crandall Cotton Gin Restaurant & Bar, along with surrounding residential growth, provide strong local and regional consumer demand. The property also includes an existing ±2,400 SF residence, offering flexibility for interim use, office conversion, or future redevelopment, subject to applicable approvals. With its strategic location, development-ready entitlement framework, and incentive opportunities, this property presents an exceptional opportunity for commercial development.
For more information, please contact Shane Hendrix at 214.460.8926 or shane.hendrix@mdcregroup.com; Kevin Weable, CCIM at 214.801.7787 or kevin@mdcregroup.com.

Data Room Click Here to Access

Property Facts

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Hospitality
  • Bank
  • Carwash
  • Daycare Center
  • Drugstore
  • Fast Food
  • Hold For Development
  • Hold For Investment
  • Hotel
  • Neighborhood Center
  • Restaurant
  • Strip Center
Total Lot Size 9.03 AC
Zoning PDD-4 - Commercial Retail / Hospitality

1 Lot Available

Lot

Lot Size 9.03 AC

Exceptional opportunity to acquire 9 acres at the hard corner of US-175 & FM 148, featuring excellent visibility, high traffic counts, & outstanding accessibility. Eligible buyers may also benefit from potential Crandall EDC development grants.

Description

HIGH VISIBILITY | HARD CORNER | DEVELOPMENT INCENTIVES Exceptional opportunity to acquire approximately 9 acres at the hard corner of US-175 and FM 148, featuring excellent visibility, high traffic counts, and outstanding accessibility. Eligible buyers may also benefit from potential Crandall EDC development grants, as the property is located within a designated opportunity zone.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 6181
  • 18178
  • 6126
Land Assessment
$1,375,108
Improvements Assessment
$196,892
Total Assessment
$1,572,000
  • Listing ID: 41289287

  • Date on Market: 7/14/2026

  • Last Updated:

  • Address: TBD US-175 & FM 148, Crandall, TX 75114

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