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FM 741 & Highway 175
Crandall, TX 75114
4.59AC Tract | River Ridge Commercial · Land For Sale · 4.59 AC

Investment Highlights

  • Great visibility to US 175 and FM 741

Executive Summary

• Prime location that is just twenty five minutes to downtown Dallas.
• Excellent freeway frontage at the gateway to Crandall coming
from Dallas.
• 5-Mile Population: 40,616, Income:S125,778
• 10-Mile Population: 182,148, Income: S118,536
• A 20% increase in the surrounding population is anticipated over
the next 5 years.
• POA detention in place for whole north side of devlopment,
property owners will pay pro-rata share of POA based on parcel
size within development.

Property Facts

Sale Type Investment
Sale Conditions
1031 Exchange
  • Ground Lease (Leased Fee)
  • Build to Suit
  • Lease Option
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Retail
Total Lot Size 4.59 AC
Zoning PD Commercial - Planned Development

1 Lot Available

Lot

Price $7,595,534 CAD
Price Per AC $1,654,800.53 CAD
Lot Size 4.59 AC

•4.59ac site located at the NEC of US-175 Service road and Springcreek Blvd. Part of River Ridge Walmart anchored development. The freeway frontage serves as an attractive entrance to Crandall, positioning this property as an ideal site for commercia

Description

-Frontage on US 175 and the newly constructed Spring Creek Boulevard. -Property can be subdivided into smaller tracts. -Utilities in place for development on the 15.4 acres located south of US 175. Utilities are available for the 50 acres located on the north side of US 175. - 1,489 units zoned in the PD for River Ridge North and South.

Property Taxes

Property Taxes

Parcel Number
37943
Land Assessment
$27,909 CAD
Improvements Assessment
$240,211 CAD
Total Assessment
$268,121 CAD
  • Listing ID: 11383525

  • Date on Market: 2018-01-26

  • Last Updated:

  • Address: FM 741 & Highway 175, Crandall, TX 75114

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