Vanguard Real Estate Advisors (“VREA”) is pleased to present the opportunity to acquire approximately 89.62 +/- acres (the “Site”) located along Shipley Street, O Neal Street, and Wheeler Creek Drive in the rapidly growing city of Gainesville, Texas. The Site is zoned SF-2, which allows for single family development with a minimum lot width of 75’. The Seller has a concept plan, located on page 5 of this flyer, which contemplates a rezone of the Site to 294 50’ single family lots. The Site is located less than 500 feet south from East US Highway 82, a major east-west thoroughfare and approximately two miles east from I-35, a major north-south highway. This Site is exceptionally well-priced at $3,200,000 ($35,706 per acre) and is a great opportunity to acquire a property in the rapidly growing city of Gainesville.
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A 2% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted in any format or sent information to regarding this opportunity; a third party broker must register their client upon initial contact with VREA.