For Sale
$1,395,000

506 3Rd St Mabank, TX 75147

Prime Commercial Land, High Visibility, Opportunity Zone

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional 1.28-acre commercial land parcel in Mabank, Texas, presents a unique investment opportunity. Located in a prime commercial zone and designated Opportunity Zone, this property boasts exceptional visibility from Highways 175 and 198, ensuring high traffic exposure. The land includes three convenient access points from Highway 198, First Street, and Jeter Street. The property comprises three tracts (Kaufman CAD 2292, 2312, and 2313). Tracts 2312 and 2313 have been cleared, while tract 2292 features a mixed-use building (half metal, half brick and mortar). This strategic location is surrounded by established businesses including Jack in the Box, McDonald's, and Shell, and is near three area schools, benefiting from high daily traffic and strong community presence. The property's size and location make it ideal for a variety of commercial developments, capitalizing on the area's rapid growth in both residential and commercial sectors. This is the only currently available land for sale on Highway 198 on the Mabank side with this level of visibility from Highway 175. The asking price is $1,395,000. The owners are Malinda and Kenneth Barton.

Highlights

  • Exceptional Hwy 198 visibility with three convenient access points from Hwy 198, First Street, and Jeter Street.
  • 1.28-acre lot providing ample space for development.
  • Prime location directly adjacent to a Jack in the Box, benefiting from high traffic counts.
  • Situated in a rapidly expanding area with strong residential and commercial growth.

Property Details for 506 3Rd St

Property type
Land
Lot Size (sq. ft)
55,757 SF

Location Insight

City
Mabank
County
Kaufman
State
Texas
Latitude
32.37096705217
Longitude
-96.098813187713

FAQs

What type of property is this?
Land - Prime Commercial Land, High Visibility, Opportunity Zone
Where is the land located?
The property is located at 506 3Rd St Mabank, TX.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Exceptional Hwy 198 visibility with three convenient access points from Hwy 198, First Street, and Jeter Street.; 1.28-acre lot providing ample space for development.; Prime location directly adjacent to a Jack in the Box, benefiting from high traffic counts.
How can I contact the broker?
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506 3Rd St
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