351 Cedar Creek PkwySeven Points, TX 75143

For Sale
$999,800 View listing
  • Commercial real estate
  • 1,352 SF

Property Details for 351 Cedar Creek Pkwy

Year built
2002
Lot size
0.67 AC
Property size (Sq ft)
1,352 SF
Property type
Commercial real estate
APN
0503-0020-0P00-59
APU
050300200P0059

Description

This exceptional 1,352 sq ft retail property in Seven Points, Texas, presents a unique investment opportunity. Situated on a 0.67-acre lot at 351 E Cedar Creek Parkway, this single-tenant building boasts a prime location with high visibility and accessibility. Previously a Sonic Drive-In, the property features 32 drive-in spaces and a covered patio with seating for six. Its adaptable design allows for various curb-service restaurant concepts, capitalizing on its status as the only such establishment on the west side of the lake. The property's high traffic count, exceeding 14,000 vehicles daily according to TXDOT data, ensures significant exposure and potential for substantial returns. Located in Kaufman County, Texas, zip code 75143, this property offers a blend of established infrastructure and high growth potential. The building's 1,352 square feet provide ample space for a variety of uses, while the expansive lot offers ample parking and potential for future expansion. This is an exceptional opportunity for an investor or business owner seeking a high-traffic, visible location in a growing community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $286,675
    Hospitality
    $262,592
    Educational
    $218,474
    Medical
    $225,987
    Retail
    $339,848
351 Cedar Creek Pkwy, Seven Points, Texas

Location Insight

City
Kemp
County
Henderson
State
Texas
Latitude
32.3224
Longitude
-96.2058
CBSA code
11980
CBSA name
ATHENS, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
-
$70,253
$185,389
$255,642
-
$70,253
$185,389
$255,642

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