3.049 +- Commercial Eligible Acres with over 225 feet of Highway 377 frontage. Now available for the first time in over 50 years, positioned directly in the path of opportunity. Not located in Flood Zone and Outside City Limits. East facing Prime location with immediate proximity to N. Sherman Drive, FM 455, Springhill Road and US HWY 380 known as the North Texas most active Commercial Corridors. This offering includes the opportunity to acquire the 3.049 acre tract, one of two contiguous parcels. The adjoining 2.716 Acre parcel is not for sale at this time and not included in this offering. Currently zoned residential this rare property is surrounded by expanding infrastructure and ongoing residential development, this location offers both immediate access and long term upside for investors, institutional assembly and commercial users. With planned TXDOT 6-lane highway expansion, this property is set to benefit from increased traffic counts, enhanced visibility and long term commercial viability. New owners will receive the eminent domain compensation from TXDOT partial acquisition which consists of. approx 5,7678 sq ft. As infrastructure drives development, sites like this become key anchors for future retail, service or mixed use projects to cater to the surge of new residential development. Structured with a one-year lease back to Seller this income producing property has a residential 4 bedroom 3 bath with recreation room single family home or office and propane heated pool. Well-suited for an owner-operator looking to establish a flagship presence. Buyers are encouraged to conduct independent due diligence to verify all information. Owner occupied. This property is subject to eminent domain. Information uploaded in transaction desk Please contact Listing Agent Ashlee Luna for additional questions or to schedule a tour. Survey available.
Based on the average sale price from the Waco, TX office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
8293 Us-377 Highway Pilot Point, TX is a Single Family Home for sale at $2349000 with 2640 sqft and a lot size of 3.049 Acres Acre(s). 8293 Us-377 Highway Pilot Point has 4 bedrooms, 3 baths and was built in 1973. The property's zip code is 76258 which is in Pilot Point, TX
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.