2304 Stone Rd |
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| Price: | $299,900 |
| Property Type: | Commercial Industrial |
| Status: | Active |
| MLS #: | 20247135 |
| County: | Kilgore Isd 442 |
| Bedrooms: | None |
| Bathrooms: | None |
| Garage: | 0 |
| Acres: | 1.37 |
| Calling all investors and developers! Lots of different options with this property! The proposed development of 17 multifamily townhomes is an exciting opportunity for both investors and developers. This college town is in need of more housing! The easy access to grocery stores enhances the appeal of the townhomes, making daily errands more manageable for residents. Just steps away, you will find the Creekside Trails (Kilgore walking Trails) that offer recreational opportunities for outdoor enthusiasts, promoting a healthy and active lifestyle. The combination of urban convenience and natural surroundings makes this development particularly attractive. And, best of all, the city has already approved engineered building plans! If you don't want to go that route, the building could still be used for a variety of businesses. It was once used as a church building, but it has potential for whatever you'd like. Bring your imagination! OR, you could even lease the building out! The current appraisal value of $3.7 million for the building plans reflects the potential return on investment for developers looking to capitalize on this prime location. With the growing demand for housing, this property presents a unique opportunity for multifamily development. | |
Courtesy: MELISSA SILVERTOOTH • TEXAS LANE REALTY • 903-985-2077 
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This content last refreshed on 11/21/2024 04:00 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
