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5000 S Houston St - Valuable Corner on Highway 34 & S Houston St

4.36 Acres of Commercial Land Offered at $2,165,081 CAD in Kaufman, TX 75142

INVESTMENT HIGHLIGHTS

  • Kaufman annual growth rate 2%-3%
  • Surrounded by established residential, retail, schools, etc.
  • Hard corner with utilities
  • Property has been owned by same family for multiple generations
  • Heavy daytime traffic

EXECUTIVE SUMMARY

Minerals:
Contact listing broker for more information.

This ranch is being offered For Sale and is Exclusively Listed by Shelle Carrig & Harlan Ray & David Burgher of Briggs Freeman Sotheby’s International Realty. Buyer’s brokers must be identified on first contact and must accompany buying prospect on first showing to be allowed full fee participation. If this condition is not met, fee participation will be at sole discretion of the Listing Broker. Prospects may be required to provide proof of funds prior to scheduling a showing.

PROPERTY FACTS

Price $2,165,081 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Bank
  • Tienda de conveniencia
  • Daycare Centre
  • Drugstore
  • Fast Food
  • Healthcare
  • Hotel
  • Medical
  • Neighbourhood Centre
  • Office Park
  • Religious Facility
  • Restaurant
  • Self Storage
  • Service Station
  • Storefront
  • Storefront, Retail or Office
  • Strip Centre
  • Supermarket
Total Lot Size 4.36 AC

1 LOT AVAILABLE

Lot

Price $2,165,081 CAD
Price Per AC $496,578.13 CAD
Lot Size 4.36 AC

This property is prime for development with the city of Kaufman growing 2%-3% per year. Both water and electricity are available to this tract of land. A city water line runs in front of the property on S Houston Street. Oncor electricity drawings.

DESCRIPTION

A valuable hard corner location on HWY 34 at FM 1388 in Kaufman, TX. The property has been owned and well cared for by the same family for multiple generations. 4.36 acres offers incredible potential given its prime location at a hard corner of HWY 34 and FM 1388. The frontage on both Houston Street and FM 1388 provides excellent visibility and accessibility, making it an ideal spot for retail establishments, pad sites and many other commercial enterprises. The presence of essential utilities such as water and electricity attracts ready-to-go developers. The rapidly expanding city of Kaufman ensures that any investment here is poised for growth. Location: The property is located less than one hour from Dallas in the city of Kaufman on the southwest corner of FM 1388 and the intersection HWY 34, which loops around Kaufman, TX. Road Frontage/Access: The property has 499 ft of frontage on FM 1388/Houston Street and over 400 ft of frontage on Highway 34. Development Potential: This property is prime for development with the city of Kaufman growing 2%-3% per year. Both water and electricity are available to this tract of land. A city water line runs in front of the property on S Houston Street. Current Zoning: The property is located in the city limits of Kaufman and zoned for commercial/retail. City Demographics/Schools: As of 2018, Kaufman had an estimated population of 7,500 people residing within the city limits with an annual growth rate of 2%-3%. The subject property is served by the following Kaufman ISD schools – Nash Elementary School, Norman Junior High School, Kaufman High School.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5274
Land Assessment
$1,648,330 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,648,330 CAD

ZONING

Zoning Code C2 (Commercial Retail)
C2 (Commercial Retail)
  • Listing ID: 18670475

  • Date on Market: 2020-02-27

  • Last Updated:

  • Address: 5000 S Houston St, Kaufman, TX 75142

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