Prime mixed use development opportunity in Downtown Fate, TX. Property offered for 2.5M with seller also open to a potential development partnership with a qualified builder or developer. Under a partnership structure, seller's contribution would be the land, with builder or developer responsible for development and construction investment, subject to mutually agreed upon terms.
Plans have been developed for a mixed use project featuring ground floor retail with residential apartments above. Seller represents that permits for the proposed development have already been approved by the City of Fate.
Excellent opportunity to acquire the property outright or partner with the landowner to bring an already planned Downtown Fate project to life. Contact listing agent for plans, permit information and partnership details. Buyer and buyer's agent to independently verify zoning, permits, approvals, development requirements, utilities and all information.
Property Details
- Lot Features
- Acreage, Corner Lot
- Lot Description
- Acreage, Corner Lot
- Acres
- 0.0
- Lot Size (sqft)
- 1.075
- Property Type
- Purchase
- Property Subtype Additional
- Unimproved Land
- Subdivision
- HORIZON PLACE
- Community Features
- Sidewalks
- School District
- Royse City ISD
- Elementary School
- Vernon
- Middle School
- Bobby Summers
- High School
- Royse City
- County
- Rockwall
- Region
- Fate
- Days on Market (Cumulative)
- 3
- Taxes Annual
- $7,911
- MLS #
- 21382861
- Property Subtype
- UnimprovedLand
- Parcel Number
- 000000016504
- MLS #
- 21382861
- Address
- 200 E Fate Main Place
Location
Legal
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Provided By
Listed by Evelyn Yanez (#0830385)
Listing Office: Monument Realty (#MONU01C)
