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Investment Highlights

  • Prime Investment Land
  • Endless Possibilities
  • High Visibility & Easy Access along Highway 83

Executive Summary

This 2.69-acre property, situated between Greene Road and W Frontage Rd, presents a prime development opportunity. Its location offers great visibility and accessibility, making it ideal for a variety of ventures.
The property features prime frontage along US Expressway 83 and Greene Rd. Perfect for high-traffic commercial project and flexibility for diverse development opportunities. Zoned C-3 General Commercial, the site is suitable for retail, mixed-use, and multi-family. The existing apartments on part of the land offer immediate income and enhance the investment appeal.
There is an additional ±5 acres is available for purchase, zoned AOI (Agriculture Open Interim).
This is an excellent opportunity for expansion, new construction, or investment.
This is an excellent opportunity for expansion, new construction, or investment.

Property Facts

Price $2,182,787 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Neighbourhood Centre
  • Storefront, Retail or Office
Total Lot Size 2.69 AC
Opportunity Zone Yes
Zoning C-3 & AOI - Commercial General (2.69 AC) & Agriculture Open Interim (5.00 AC)

1 Lot Available

Lot

Price $2,182,787 CAD
Price Per AC $811,445.15 CAD
Lot Size 2.69 AC

This +-2.69 acre property, situated between Minnesota Road and Greene Road, presents a prime development opportunity. Its location offers great visibility and accessibility, making it ideal for a variety of ventures.

Description

This 2.69-acre property, situated between Minnesota Road and Greene Road, presents a prime development opportunity. Its location offers great visibility and accessibility, making it ideal for a variety of ventures. The property features prime frontage along US Expressway 83 and Minnesota Road. Perfect for high-traffic commercial project and flexibility for diverse development opportunities. Zoned C-3 General Commercial and AOI – Agriculture Open Interim, the site is suitable for retail, mixed-use, multi-family, or agricultural projects. The existing apartments on part of the land offer immediate income and enhance the investment appeal. This is an excellent opportunity for expansion, new construction, or investment.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
  • Listing ID: 35180091

  • Date on Market: 2025-03-18

  • Last Updated:

  • Address: W Palma Vista Dr, Palmview, TX 78572

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