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622 S Seven Points Blvd

5.3 Acres of Commercial Land Offered at $1,444,350 CAD in Seven Points, TX 75143

Commercial Land Texas Seven Points 622 S Seven Points Blvd, Seven Points, TX 75143

EXECUTIVE SUMMARY

In an opportunity zone and a DDA area. Current market study shows high demand for apartment units. See attached.

ATTACHMENTS

SVN 622 Seven Points 8 acres
SURVEY
FIELD NOTES SURVEY

PROPERTY FACTS

Price $1,444,350 CAD Property Subtype Commercial
Sale Type Investment Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Daycare Centre
  • Hold For Development
  • Hold For Investment
  • Medical
  • Neighbourhood Centre
  • Restaurant
  • Retail Warehouse
No. Lots 1 Total Lot Size 5.30 AC
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $1,444,350 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Daycare Centre
  • Hold For Development
  • Hold For Investment
  • Medical
  • Neighbourhood Centre
  • Restaurant
  • Retail Warehouse
Total Lot Size 5.30 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 LOT AVAILABLE

Lot

Price $1,444,350 CAD Lot Size 5.30 AC
Price Per AC $272,518.87 CAD
Price $1,444,350 CAD
Price Per AC $272,518.87 CAD
Lot Size 5.30 AC

5.3 acres is zoned multi-family. The city is willing to consider rezoning for multi-family for the fron.

DESCRIPTION

Great location for an OZ Zone and a DDA area for apartment. We have land planned a 120 unit complex that the city likes. There is only one apartment complex near the site that is off FM 274 and it stays fully leased. Seven Points Blvd is the main street in Seven Points. Restaurants and small business' located close by including Brookshires grocery. All utilities are at the site and has capacity.

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622 S Seven Points Blvd, Seven Points, TX - AERIAL map view

PROPERTY TAXES

Parcel Number 0503-0150-CC00-59 Improvements Assessment $0 CAD
Land Assessment $297,176 CAD Total Assessment $297,176 CAD

PROPERTY TAXES

Parcel Number
0503-0150-CC00-59
Land Assessment
$297,176 CAD
Improvements Assessment
$0 CAD
Total Assessment
$297,176 CAD

ZONING

Zoning Code Comm & Multi-family
Comm & Multi-family
(214) 563-0026

CONTACT

  • Listing ID: 27983849

  • Date on Market: 2023-03-15

  • Last Updated:

  • Address: 622 S Seven Points Blvd, Seven Points, TX 75143

The Land Property at 622 S Seven Points Blvd, Seven Points, TX 75143 is currently available for sale. Contact American Realty Service, Inc. for more information.

NEARBY LISTINGS

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622 S Seven Points Blvd
(214) 563-0026 x

622 S Seven Points Blvd

Robert Murray

(214) 563-0026

(214) 563-0026

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