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Pilot Point, TX 76258
  • 4 Beds
  • 3 Baths
  • 2,640 sqft
$2,349,000

About this home

3.049 +- Commercial Eligible Acres with over 225 feet of Highway 377 frontage. Now available for the first time in over 50 years, positioned directly in the path of opportunity. Not located in Flood Zone and Outside City Limits. East facing Prime location with immediate proximity to N. Sherman Drive, FM 455, Springhill Road and US HWY 380 known as the North Texas most active Commercial Corridors. This offering includes the opportunity to acquire the 3.049 acre tract, one of two contiguous parcels. The adjoining 2.716 Acre parcel is not for sale at this time and not included in this offering. Currently zoned residential this rare property is surrounded by expanding infrastructure and ongoing residential development, this location offers both immediate access and long term upside for investors, institutional assembly and commercial users. With planned TXDOT 6-lane highway expansion, this property is set to benefit from increased traffic counts, enhanced visibility and long term commercial viability. New owners will receive the eminent domain compensation from TXDOT partial acquisition which consists of. approx 5,7678 sq ft. As infrastructure drives development, sites like this become key anchors for future retail, service or mixed use projects to cater to the surge of new residential development. Structured with a one-year lease back to Seller this income producing property has a residential 4 bedroom 3 bath with recreation room single family home or office and propane heated pool. Well-suited for an owner-operator looking to establish a flagship presence. Buyers are encouraged to conduct independent due diligence to verify all information. Owner occupied. This property is subject to eminent domain. Information uploaded in transaction desk Please contact Listing Agent Ashlee Luna for additional questions or to schedule a tour. Survey available.

Overview

Full Baths
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Half Baths
0
Bathrooms
3
Bedrooms
4
Building Area
0
Levels
One
Living Area
2640
Lot Size (Acres)
3.049
Property Subtype
Single Family Residence
Property Type
Residential
Status
Active
Year Built
1973

Interior

Appliances
Built-In Gas Range
Fireplaces
0
Interior Features
Built-in Features

Exterior & Construction

Architectural Style
Craftsman, Early American, Detached, Farmhouse
Lot Features
Acreage

Parking

Covered Parking
0
Garage Spaces
0

Location & Area

City
Pilot Point
County
Denton
School District
Pilot Point ISD
ZIP Code
76258
State
TX
Subdivision
Chambers

Financial

Price
2349000

Utilities

Sewer
Septic Tank
Utilities
Cable Available, Septic Available, Separate Meters, Water Available

Listing Details

Listing Agent
Ashlee Luna
Listing Office
RE/MAX Premier
MLS #
21228436
Virtual Tour
https://www.propertypanorama.com/instaview/ntreis/21228436

Listing agents

Listing AgentAshlee LunaRE/MAX Premier

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