11174 State Highway 155Frankston, TX 75763

Property Details for 11174 State Highway 155

Year built

2008

Lot size

5.00 AC

Property type

Commercial real estate

APN

0009-0980-0D00-87

APU

000909800D0087

Description

This expansive 9,000 square foot building sits on a generous 5-acre lot in Frankston, Texas. Priced to reflect needed renovations, this property presents a remarkable opportunity for a variety of uses. The main structure features a full kitchen, numerous offices, and a large open area ideal for events, dances, or parties. A separate building is located at the front of the property, adding to its versatility. Its proximity to Lake Palestine offers significant potential for attracting customers and residents. The existing infrastructure includes readily available utilities. The property's size and existing features make it well-suited for diverse development, including but not limited to: an RV park, mobile home park, storage facility, or a combination thereof. The substantial square footage and ample land provide significant flexibility for an entrepreneur seeking a unique investment opportunity. The property's current condition and pricing create a compelling value proposition for a buyer willing to undertake renovations and capitalize on its considerable potential. This is a rare chance to acquire a large-scale property in a desirable location with significant upside. The existing buildings and utilities provide a solid foundation for a variety of commercial ventures. Serious inquiries are encouraged to explore the possibilities this property offers.

• Alternative Use

  Use

  Valuation

  Residential

  $54,901,876

  Hospitality

  $50,289,824

  Educational

  $41,840,544

  Medical

  $43,279,504

  Retail

  $65,085,288

Location Insight

City

Frankston

County

Henderson

State

Texas

Latitude

32.0902

Longitude

-95.4976

CBSA code

11980

CBSA name

ATHENS, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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