Griffith Ave - Commercial LAND FOR SALE


Terrell, TX 75160 582,833 SF
$1,460,000 USD
832-404-0412
Griffith Ave, Terrell, TX for Sale
$1,460,000 USD
Commercial LAND - FOR SALE
1/14
582,833 SF

Griffith Ave
Terrell, TX 75160


HIGHLIGHTS

  • Fully entitled and development-ready parcel with all City of Terrell approvals secured for 28 luxury home lots with a gated community
  • Comprehensive documentation, including civil plans, grading, and surveys, provided for buyer convenience.
  • H-E-B just bought 91 acres in the same corridor of the land. H-E-B do their research before they buy and know what's coming to the area
  • Prime location near I-20, FM 148, and close to retail, outlets, and community amenities.
  • Significant incentive savings, including reduced impact fees and tax exemptions for early development.
  • City assumes long-term street maintenance responsibilities, reducing future developer costs.

OVERVIEW

This fully entitled and permitted residential development site offers an extraordinary opportunity in Kaufman County, one of the fastest-growing areas in the U.S. A signed Development Agreement with the City of Terrell is already in place, with all entitlements and approvals secured and a detailed document package prepared for seamless execution. The property supports the creation of 28 premium lots, each with a minimum lot size of 14,000 square feet, enabling the development of homes with a minimum size of 3,000 square feet with air conditioning. The site provides full flexibility—buyers can choose to build independently or collaborate on community design and construction. The sale includes all rights, entitlements, and agreements associated with the project. Incentives include a 50% property tax exemption for three years and City-maintained streets for long-term reduced ownership burdens. Situated near major routes such as I-20 and FM 148, this offering allows quick access to the Dallas-Fort Worth Metroplex, Tanger Outlets, and regional amenities. Backed by recent economic confidence demonstrated by significant area investments, this property is positioned for strong absorption and premium pricing in a growing residential market.

FOR SALE DETAILS

PRICE

$1,460,000 USD

PRICE/ACRE

$109,118/AC

PRICE/SF

$3 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Fully Permitted & Entitled Development

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Single Family Development, Single Family Residence

LAND ACRES

13.38 AC

LAND SF

582,833 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Lana NimriColdwell Banker Commercial UniversalMore Info
832-404-0412

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Lana NimriColdwell Banker Commercial UniversalMore Info
832-404-0412

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.