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- LoopNet Team
Interstate 35W
Grandview, TX 76050
71.7+/- Acres | I-35 Frontage | Grandview, TX · Land For Sale · 71.70 AC
Investment Highlights
- The 71.7+/- acre Site is strategically located at the southeast corner of Interstate 35W and County Road 106.
- The Site is approximately 8 miles north of Downtown Grandview and 7 miles south of Alvarado where the I-35W and US Highway 67 intersection is located.
- CR 106 serves as an overpass over I-35W which allows for access east and west of the Site and the frontage road has lanes going both north and south.
- The Site is located in Johnson County, outside of the Grandview extraterritorial jurisdiction (ETJ).
PROPERTY FACTS
Description
Strategic Location • The 71.7+/- acre Site is strategically located at the southeast corner of Interstate 35W and County Road 106. • County Road 106 serves as an overpass over I-35W which allows for quick access east and west of the Site and the frontage road has lanes going both north and south. • The Site is approximately eight miles north of Downtown Grandview and seven miles south of Alvarado where the I-35W and US Highway 67 intersection is located. • The Site sits just 20 miles south of Fort Worth, the 12th largest and one of the fastest-growing cities in the U.S. Zoning • The Site is located in Johnson County, outside of the Grandview extraterritorial jurisdiction (ETJ). • The Site lends itself well to a variety of uses. • Seller has contemplated developing an RV Park on a portion of the Site. See Concept Plan on page 6 in the Marketing Flyer. • Ownership is willing to subdivide the Site. • Purchaser to verify zoning and uses allowed on the Site. Population and Demographics • According to the 2020 U.S. Census Bureau, Johnson County has a current population of approximately 179,927. • The median price per square foot of single-family home sales in Johnson County in December of 2021 increased 25.5 percent year-over-year from December 2020 to $162.83. • Median home price in Johnson County in the last quarter of 2021 was $315,000, a 25.5 percent increase from the last quarter of 2020. • Within a one-mile radius of the Site, the median household income is $92,829. DFW Highlights • The DFW area has a well-diversified economy that ranks sixth in the nation with an estimated 2020 Gross Metropolitan Product (GMP) of $516.5 billion. • The population of Johnson County, where Grandview is located, rose by 16.5 percent between 2010 and 2020 • Home starts in DFW hit an all-time record of 58,140 units in 2021, up 20 percent from 2020. • The DFW metro has an estimated population of 7.6 million people which ranks fourth in the nation among metro areas and is projected to grow to a population of nearly 10 million by 2030.
