For Sale
$8,500,000

443 Us Highway 84 Fairfield, TX 75840

65 Acres, Prime IH-45 Location

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 65-acre tract presents a remarkable investment opportunity in Fairfield, Texas. Strategically located at the intersection of US Highway 84 and Interstate Highway 45, this property boasts approximately 1100 feet of frontage on IH-45 and 1200 feet of direct access to US Highway 84. The site is ideally positioned to capitalize on the growth of the Fairfield Lake luxury home and golf course development, serving as a key gateway to this burgeoning community. Currently zoned for agriculture, the property is suitable for a wide range of commercial and industrial uses, including multi-family residential, single-family residential, retail, distribution, warehousing, and logistics. The city of Fairfield offers a Freeport Tax Exemption, providing significant tax advantages for qualifying businesses. Utilities are either on-site or readily accessible. This prime location benefits from its proximity to major metropolitan areas, including Dallas-Fort Worth (90 miles south), Houston (140 miles north), and Austin (135 miles northeast), placing it squarely within the Texas Triangle. The Texas Department of Transportation (TxDOT) is scheduled to begin realignment of the IH-45 northbound exit ramp at Highway 84 in early 2023, providing direct access to the property from the northbound frontage road. This project significantly enhances the property's accessibility and value. The asking price is $8,500,000, translating to $130,770 per acre. APN numbers are 60533, 69534, 5387, 5867, 49891, and 5866. Title company is Heritage Title and Abstract.

Highlights

  • 65+ acre contiguous tract ideal for development along IH-45, strategically located between Dallas-Fort Worth and Houston MSAs.
  • Multi-use potential with readily available utilities.
  • Currently zoned agricultural; see attached documents for proposed uses.
  • Benefits from Fairfield's Freeport Tax Exemption and Goods in Transit Exemption.
  • Prime location within the Texas Triangle, 90 miles south of DFW, 140 miles north of Houston, and 135 miles northeast of Austin.
  • Excellent for logistics, warehousing, and distribution.

Property Details for 443 Us Highway 84

Property type
Land, Industrial properties
Lot Size (sq. ft)
2,831,400 SF

Location Insight

City
Fairfield
County
Freestone
State
Texas
Latitude
31.718001
Longitude
-96.171251

FAQs

What type of property is this?
Land - 65 Acres, Prime IH-45 Location
Where is the land located?
The property is located at 443 Us Highway 84 Fairfield, TX.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: 65+ acre contiguous tract ideal for development along IH-45, strategically located between Dallas-Fort Worth and Houston MSAs.; Multi-use potential with readily available utilities.; Currently zoned agricultural; see attached documents for proposed uses.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
443 Us Highway 84
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message