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6744 W State Highway 66

5,100 SF Retail Building Fate, TX 75189 $1,414,890 CAD ($277 CAD/SF)

Investment Highlights

  • TXDOT Will Be Widening State Highway 66
  • 2.1 Miles from Interstate 30 access in Fate and 3.1 Miles from Interstate 30 in Royse City
  • Situated between Fate and Royse City

Executive Summary

You name it... this property is ready for it. Developments all around with busy hwy that will be widened to 6 lanes eventually. 24 in. water main by road. 15 acres available for your ideas. Convenience store, grocery store, car lot, car wash, garage, and the list of possibilities continue. Make an appointment to see this possible business location. Owners live in the 2 bedroom 1.5 bath building and have been operating a thrift store for the last 14 years in this location. Owner would consider financing with 50 per cent down and acceptable credit review.
County has offered re-zoning opportunities in the form of single family/multifamily residential.
Exclusions: Shelving in the store, propane tank, water filtration system, 2 canopies, 3 plastic water tanks, 3 refrigerators
Directions: Approx. 1 mile East of intersection of CR 551 & Hwy 66 North of Fate downtown. Address is 6744 Hwy 66 and SIY on right

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,100 SF
Building Class
C
Year Built
1986
Price
$1,414,890 CAD
Price Per SF
$277 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
15.09 AC
Zoning
AG - Agricultural
Parking
15 Spaces (2.94 Spaces per 1,000 SF Leased)
Frontage
81 ft on State Highway 66

Amenities

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10512
Land Assessment
$87,399 CAD
Improvements Assessment
$349,597 CAD
Total Assessment
$436,996 CAD
  • Listing ID: 29340520

  • Date on Market: 2023-08-22

  • Last Updated:

  • Address: 6744 W State Highway 66, Fate, TX 75189

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