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Key Details
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Subdivision None
MLS Listing ID 20269737
Sold Date 09/06/23
Total Fin. Sqft 1877
Year Built 1968
Annual Tax Amount $6,925
Lot Size 5.160 Acres
Acres 5.16
Property Description
THIS COULD BE YOUR NEXT DEVELOPEMENT, THIS PROPERTY SITS ON THE EAST SIDE OF HWY 75, OVER 300' OF HIWAY 75 FRONTAGE ON WEST SIDE AND OVER 300' OF REDDEN ROAD FRONTAGE ON EAST SIDE, HIGHEST AND BEST USE LOOKS TO BE COMMERCIAL, CURRENTLY RESIDENTIAL AND AG EXEMPTION IN PLACE. WITHIN THE ETJ OF THE FASTEST GROWING LITTLE TOWN IN NORTH TEXAS, VAN ALSTYNE IS WITHIN 20 MIN OF THE DFW METROPLEX AND WITHIN 15 MINUTES OF THE EVER EXPANDING SHERMAN, TX WITH THE NEW I.T. CORRIDOR , T.I. AND GLOBITEC BOTH BULDING. EASY ACCESS FROM NORTH AND SOUTH, COMMERCIAL SURROUNDS THIS PROPERTY ON NORTH, SOUTH AND WEST SIDES. HOME AND BARN ON PROPERTY, ACCESS TO REDDEN ROAD AS WELL AS 75 ACCESS ROAD HELP MAKE THIS A GREAT DEVELOPEMENT SITE. BUYER RESPONSIBLE FOR CONFIRMING ANY AND ALL USAGE OF PROPERTY WITH CITY AND COUNTY.
Location
State TX
County Grayson
Zoning currently residential and ag, highest and best use is commercial.
Direction GPS WILL TAKE YOU TO THE PROPERTY OR IF COMING FROM THE NORTH, TAKE BLYTHE FARMINGTON EXIT CROSS UJNDER 75 AND GO SOUTH ON FRONTAGE ROAD. IF COMING FROM THE SOUTH, EXIT ONTO FM 121 AND CONTINUE NORTH APPROX 2 MILES TO THE PROPERTY.
Interior
Heating Electric
Cooling Central Air, Electric
Flooring Carpet, Linoleum
Heat Source Electric
Exterior
Utilities Available All Weather Road, Asphalt, Cable Available, Co-op Water, Electricity Connected, Outside City Limits, Septic
Roof Type Composition,Shingle
Parking Type Other
Garage No
Building
Lot Description Acreage, Agricultural, Cleared, Few Trees
Foundation Block
Structure Type Metal Siding,Wood,Other
Others
Ownership Estate of Glenn Ritchie
Acceptable Financing 1031 Exchange, Cash, Contact Agent, Conventional
Listing Terms 1031 Exchange, Cash, Contact Agent, Conventional
Financing Conventional
Special Listing Condition Aerial Photo, Verify Rollback Tax
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Bought with Sara Jerome • Vincent Realty Group
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