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Jeni Gannelli

jeni@purerealty.com +1(972) 415-3396

$449,000

Est. payment - /mo

1.45 Acres Lot

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Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Subdivision Miller Lakeview Estates

MLS Listing ID 21407889

Total Fin. Sqft 1413

Year Built 1970

Annual Tax Amount $1,742

Lot Size 1.453 Acres

Acres 1.453

Property Sub-Type Business

Property Description

An exceptional opportunity to own 1.45 acres of strategically located property on Highway 34 in Ladonia, Texas! Situated directly across from the entrance to the future Upper Trinity Regional Water District administration, operations, and maintenance offices and lake visitor center, this property offers outstanding potential in an area poised for exciting growth. Completion of the district facilities is anticipated by September 2027. Currently zoned Lake Commercial District, this property offers a wealth of possibilities for future commercial development. With excellent highway frontage, convenient access, and a prime location near the future lake facilities, it is an opportunity worth exploring for investors, entrepreneurs, and developers alike. The property includes an existing 1,413-square-foot dwelling, previously used as a residence, providing additional flexibility for potential future use, subject to applicable zoning and approvals. Once completed, Lake Ralph Hall is expected to become a major recreational destination, offering opportunities for fishing, boating, nature watching, and more, while providing approximately 59 billion gallons of water storage. The popular Ladonia Fossil Park is also just a short drive away, adding to the area's appeal for visitors and outdoor enthusiasts. Don't miss the opportunity to invest in a property with location, visibility, and exciting future potential! Whether you're envisioning a commercial venture, a business serving lake visitors, or another compatible development, this property deserves a closer look.

Location

State TX

County Fannin

Zoning Commercial

Direction From Hwy 56 in Honey Grove, take Hwy 34 South approximately 9 miles, go over the Lake Ralph Hall bridge and property is on the left. From Hwy 34 in Ladonia, continue N on Hwy 34 for approximately 3 miles to property on the right.

Interior

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air

Flooring Carpet, Linoleum

Heat Source Central, Electric

Exterior

Utilities Available Asphalt, Cable Available, Electricity Available

Roof Type Composition

Garage No

Building

Foundation Pillar/Post/Pier

Structure Type Wood

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Aerial Photo

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21407889

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Dale Horton • FanninLand Realty

NEARBY SCHOOL & BUSINESS

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Jeni Gannelli

+1(972) 415-3396

Agent License ID: 809868

10829 State Highway 34 Ladonia, TX 75449

Jeni Gannelli

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

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