11.74 Acres Lot
11.74 Acres Lot
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Sulphur Springs
MLS Listing ID 21366028
Total Fin. Sqft 11354
Year Built 1954
Annual Tax Amount $4,391
Lot Size 11.741 Acres
Acres 11.741
Property Sub-Type Unimproved Land
Property Description
Rare opportunity to acquire a strategically positioned high-traffic corner property zoned Heavy Commercial, offering the potential for immediate income and significant long-term upside. This offering is for land and improvements only—the existing automotive repair business is tenant-owned and does not convey. All business assets, tools, equipment, inventory, and personal property associated with the automotive operation are excluded from the sale.
The property is currently generating income, with the retail or commercial space leased to the automotive repair tenant for storage. The house is vacant, giving the new owner additional flexibility for future use, renovation, leasing, or redevelopment, subject to zoning and applicable regulations.
For the investor with vision, this property presents a compelling “income while you plan” opportunity. Maintain the existing rental arrangement while evaluating the highest and best use of this prominent corner. With Heavy Commercial zoning and excellent exposure, the possibilities are extensive. Potential concepts could include a large truck wash, commercial rental facility, retail center, service business, contractor facility, or other high-demand commercial development.
The combination of strategic location, existing improvements, current rental income, and substantial redevelopment potential makes this a property worth a serious look. Buy the real estate today, collect income while you plan, and position yourself to capitalize on the future potential of this high-traffic commercial corner.
LAND & IMPROVEMENTS ONLY. Automotive repair business, business name, tools, equipment, inventory, and other personal property do NOT convey with the sale
Location
State TX
County Hopkins
Zoning Heavy Commercial
Direction Property is at the SW corner of S Hwy 19 and Rockdale Road, just south of I-30 in Sulphur Springs
Exterior
Utilities Available All Weather Road, City Sewer, Co-op Water, Electricity Available, Electricity Connected
Garage No
Building
Lot Description Acreage, Level
Structure Type Brick,Cedar,Metal Siding
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Nearby Locations
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