Property
$1,557,472207 Acres
Off Market
Off Market
$1,557,472207 Acres
Off Market

I-35 and HCR 4282, Hillsboro, TX 76645 - Hill County

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Property ID 5851933

I-35 Development Opportunity

Opportunity to invest in income-producing development land that is appreciating in value daily. 207 acres in 2 tracts: 136 acres on northbound I-35 and 71 acres on southbound I-35. Approximately 80 acres inside city limits, remaining acreage is outside city limits. Over 7000 ft of I-35 frontage and 1200 ft of I-35 access road frontage. Over 2400 ft of county road frontage.

The property lends itself to numerous types of development. Infrastructure includes 6" water line extension (engineered) with additional taps, fire hydrants and road bores in place. 1100 ft of all season road in place and ready for additional development. Application pending with TXDOT for up to 2 curb cuts on southbound side.

Property is currently generating lease income from 80 acres of cultivated ground and 5 billboards along I-35, as well as a ground lease for an Air Evac EMS facility.

This property is exclusively listed by Tim McGinty of Clayton-Waggoner Properties, LLC. Any and all information contained herein has been obtained from sources deemed reliable by Listing Broker. Listing Broker does not warranty or guaranty the accuracy of the information.

Buyers broker/agent must be identified on first contact and must accompany prospective buyer on first showing to be allowed full fee participation. If this condition is not met, the fee participation will be at the sole discretion of the Listing Broker. Prospects may be required to provide proof of funds prior to scheduling a showing.

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Directions

I-35 at Hillsboro, north end of town between Old Brandon Road and Hwy 77 (both side of I-35).

Environmental Factors

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Source:First Street
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Clayton - Waggoner Properties LLC

Dallas, TX

(469) 300-3622
Listing provided by
Tim McGinty
Clayton - Waggoner Properties LLC(469) 300-3622
Listing last updated: February 5, 2022 at 5:15 PM
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Land for Sale by Tim McGinty