125.16+/- Acre Development Tract
$10,000,000
Berend Road, Pilot Point, TX 76258
125.16 acres
Lot Area
ETJ
Zoning
Details:
Highlights:
- The Site is located near several prominent future master-planned communities such as Eland Farms, Pecan Creek, Burks Ranch, Mustang Ranch, Light Ranch, Bryson Ranch and more.
- Major roadways near the Site include the Dallas Parkway expansion located 2.5 miles east, Preston Road located 7 miles east, the Collin County Outer Loop 8.5 miles southeast, U.S. Highway 377 located 3 miles west, and FM-455 located a mile south.
- There are also currently plans to expand and widen FM-455 which is located only a mile south of the Site from a 2-lane rural highway to a 6-lane divided urban highway.
- The Site is within the Pilot Point ETJ which lends itself well to a variety of uses as there is no zoning in place.
- Due to proximity to other master planned communities and a steady population growth rate in the area, the Site is well suited for a variety of residential uses including but not limited to single family, manufactured housing, RV Park, and more.
Description:
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer investors and developers the opportunity to purchase 125.16+/- acres (the “Site”) located along Berend Road in Pilot Point, TX. The Site is well located in the path of future growth as it is 2.5 miles west of the Dallas Parkway, 3 miles west of US-377, and only 1 mile north of FM-455. Located in the Pilot Point ETJ, the Site is positioned for a variety of uses as there are currently no known restrictions in place.
The Site is within Denton County, one of the fastest growing counties in Texas, making this property a great opportunity for forward thinking investors and developers. At a price of only $79,898 per acre, this is an excellent value for a well-situated Site directly in the path of growth in an expanding North Texas market.
Click the following link to access the online due diligence vault: https://docsend.com/view/s/67gcgey46qy49x8p
In the event you are or are utilizing a third-party broker, a 1.5% co-broker fee is available to a Co-Broker that sources a Principal that VREA has not previously contacted in any format or sent information regarding this opportunity; a third-party broker must identify and register their client upon initial contact with VREA.
Documents:
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Pilot_Point_125_-_Flyer.pdf
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Location

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