0 HWY 77, Kingsville, TX

Others for Sale - $9,530,000


Agent Info

Terence Moeller
Coldwell Banker D'Ann Harper, Realtors

Property Info

CIMLS#1161089
Location
  0 HWY 77
  Kingsville TX 78363
UpdatedJune 22nd, 2024
TypeOthers
Price$9,530,000

Property Description

Discover a remarkable commercial opportunity with this expansive property spanning 33.66 acres, encompassing two distinct tracts - 24.36 acres in the first tract and 9.299 acres in the second. A notable aspect of this offering is the deed restriction prohibiting fuel sales and convenience stores, ensuring a unique focus for development. Currently benefiting from an agricultural exemption for hay cutting and bailing, this property presents an exceptional chance for multi-use development. Positioned at the crossroads of innovation and accessibility, the upcoming overpass and the impending Occidental Petroleum carbon-capturing plant on King Ranch underline the exciting potential of this area. The project's positive impact on Kingsville promises substantial permanent and temporary job opportunities. City utilities are within reach, subject to confirmation by prospects' engineers. The land is strategically situated along Highway 77, which is set to become the I-69 corridor. The property also boasts frontage along FM 1717, further enhancing accessibility. This prime highway location ensures exceptional visibility and accessibility, with over 26,400 vehicles passing along Highway 77 daily. Access points from Highway 77, the future I-69 corridor, FM 1717, and East Trant Road enhance the site's versatility. A significant opportunity beckons, offering both established access and exciting future prospects. With its strategic location and potential for diverse development, this property is primed for those seeking to make a notable impact in an area poised for growth. Contact us for more information on this dynamic commercial property.


Financials


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