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Ashleigh Herrera

Monarc Realty

ashleigh.herrera@monarcrealty.com +1(214) 663-2063

$ 250,000

Est. payment -/mo

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Active

0000 Earl Street Commerce, TX 75428

4.97 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Improved Land

Listing Status Active

Purchase Type For Sale

Subdivision Jernigan Willam

MLS Listing ID 20864913

HOA Y/N None

Lot Size 4.966 Acres

Acres 4.966

Property Sub-Type Improved Land

Property Description

Prime Development Opportunity in Commerce, TX - 4.966 Acres (2 lots being sold as 1) Exceptional development opportunity awaits in Commerce with this expansive 4.966-acre property consisting of two combined lots. This versatile land parcel offers tremendous potential for various development scenarios including residential subdivisions, multifamily housing, or a spectacular custom home with amazing space. The property boasts strategic positioning with excellent access to major thoroughfares, ensuring convenient connectivity throughout the city. Located within walking distance to local restaurants, retail establishments, and East Texas A&M University, this land offers the perfect blend of convenience and opportunity. Investors and developers will appreciate the prime location that appeals to students, faculty, and local residents alike. This lot is situated within an Opportunity Zone, a federal program established by the 2017 Tax Cuts and Jobs Act to encourage long-term investment in economically distressed communities. ? Investors can benefit from capital gains tax incentives when they reinvest in Qualified Opportunity Funds that support development in these zones.

Location

State TX

County Hunt

Zoning Residential. Contact P&Z with questions: 903- 886-1101

Direction Live Oak to W. Neal St. Left on Neal. Lot is at the intersection of Neal and Caddo.

Exterior

Utilities Available City Sewer, City Water, Overhead Utilities

Garage No

Building

Lot Description Acreage, Many Trees

Schools

Elementary Schools Commerce

Middle Schools Commerce

High Schools Commerce

School District Commerce Isd

Others

Restrictions Unknown Encumbrance(s)

Ownership CONTRIO, LLC.

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20864913

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by John Holmes • Compass RE Texas, LLC

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