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SH-34
Kaufman, TX 75142

Land For Sale · 11.06 AC

Investment Highlights

  • Located near a major intersection with easy access and great visibility.
  • This site is part of a 300 acre mixed use masterplan project.

Executive Summary

Part of 300 acre mixed use masterplan project. Walmart SuperCenter, Whataburger, AT&T, Verizon, Starbucks, UPS Store, Dickey's Barbecue, Great Clips, Burger Kings, Tractor Supply Company, Konny's Car Wash, Wingstop, Integrity Urgent Care and Lone Star Credit Union.
Excellent location for convenience/gas location. Retail, medical and commercial uses allowed.
Bloomfield Homes has built out Phase 1 & 2 Georgetown at Kings Fort with 125 homes. Phase 3 & 4, 166 lots deliver in March and May 2023. Bloomfield will be building on all the lots.
In November 2022 we sold 4.18 acres to Myrish Hospitality Group. They are approved for a Hampton Inn and Holiday Inn Express. This will be the first hotel development in Kings Fort.
December 2022 we sold 10 acres for the first 240-unit multi-family complex in Kings Fort. The $36 million complex will be the first of three multi-family projects planned for Kings Fort.
Phase 3 & 4 of Georgetown at Kings Fort will be completed in April 2023. Bloomfield Homes our builder will be taking all 166 lots. Bloomfield is ranked as the 38th homebuilder in the US.

Outstanding investment opportunity.

PROPERTY FACTS

Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Ground Lease (Leased Fee)
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 11.06 AC

1 Lot Available

Lot 1

Price $4,781,651 CAD
Price Per AC $432,337 CAD
Lot Size 11.06 AC

11.06AC off SEC of SH 34 and CR-151 will divide. All utilities available.

Description

Off SEC Corner of SH 34 and CR 151. Gateway to Kings Fort Market Center and across from Georgetown at Kings Fort, 305 lot subdivision with Bloomfield Homes building the first 125 homes over the last three years.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
28588
Land Assessment
$446,796 CAD
Improvements Assessment
$1,466,531 CAD
Total Assessment
$1,913,327 CAD

zoning

Zoning Code C (Commercial Vacant Land)
C (Commercial Vacant Land)
  • Listing ID: 27636832

  • Date on Market: 2023-01-31

  • Last Updated:

  • Address: SH-34, Kaufman, TX 75142

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