Lot 5 State Hwy 19, Emory, TX 75440

$288,800

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List Price
$288,800
MLS#
21340790
Status
ACTIVE
Type
Land
Subtype
Land
Acres
3.04
County
Rains
City
Emory

Property Description

PREMIER COMMERCIAL DEVELOPMENT OPPORTUNITY IN EMORY, TEXAS! Strategically positioned on State Highway 19, this exceptional 3.04± acre commercial tract offers outstanding exposure and approximately 7,079 vehicles per day (TxDOT AADT). Recently zoned Commercial and located within the Emory city limits, nearby city utilities and services provide outstanding potential for immediate development or long-term investment. Located just over one mile from Downtown Emory, this premier site fronts the primary corridor connecting Interstate 20, Emory, and world-famous Lake Fork, capturing steady local traffic, commuters, tourists, and anglers year-round. Rains County continues to experience strong growth, fueling demand for retail, restaurants, medical, professional offices, hospitality, convenience stores, service businesses, and mixed-use development. The level, cleared tract is outside the FEMA floodplain, offering exceptional flexibility for a wide variety of commercial uses. Multiple adjoining commercial tracts are available, providing the opportunity to acquire up to approximately 30± contiguous acres for large-scale retail, commercial, hospitality, industrial, medical, or mixed-use development. Seller is willing to subdivide or combine tracts and may offer seller financing to accommodate your development goals. Proposed terms include 35% down, 11% interest, 20-year amortization, and a 2-year balloon (subject to seller approval). Whether you're establishing a flagship business, expanding your investment portfolio, or securing one of the most visible commercial sites in Northeast Texas, opportunities with this level of visibility, flexibility, and growth potential are increasingly rare. See the overview map and flyer for additional available tracts. Larger acreage opportunity also available under a separate MLS listing.

Additional Information

Unexempt Taxes
$106
Lot Size
132,422
Lot Description
Agricultural, Cleared, Level, Other, Subdivided, Few Trees, City Lot
School District
Rains Isd
Elementary School
Rains
Middle School
Rains
High School
Rains
Proposed Use
Agricultural, Commercial, Development, Investment, Storage, Recreational, Retail, Other, Development, Highway Tourist Service, Unimproved, Vacant, Warehouse
Possession
CloseOfEscrow, Negotiable

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Calculator source: Real Geeks

Listing courtesy of Delanee Clark from RE/MAX Landmark Rose. Contact: 903-567-3100