915 East Cedar Creek Parkway Seven Points, Texas 75143 — Sale in Seven Points, TX

  • Price: $2.3M
  • Listing type: For sale
  • Asset type: Business
  • Location: Seven Points, TX 75143

Description

GATEWAY TO CEDAR CREEK LAKE. 10 Acre commercial site is located on the crest of the ridge that contains the reservoir. It offers a panoramic overview of Cedar Creek Lake and a commanding presence to west bound traffic crossing the lake bridge on Cedar Creek Parkway. Seven Points and Gun Barrel City are sister cities separated by Cedar Creek Lake and connected across the lake by SH 334 (Cedar Creek Parkway) and the newly completed $42MM bridge expansion. Near proximity to Dallas and the natural amenity of the lake have created the conditions for an emerging resort area of some significance within an hour of Dallas. Currently, legacy retail is clustered in Gun Barrel City along 334 and just across the lake bridge from the site. Continued population growth and inefficient land use in Gun Barrel City have created a natural path of progress to the west, across the bridge and directly to the subject property. The current lack of a coherent retail district and conspicuous population growth are creating a demand for fresh commercial/retail/restaurant/hospitality opportunities similar to the proposed $19MM “Pier 334” currently under development by YNS Development of Dallas. The property is priced significantly below top market rate to incentivize a quick sale and catalyze development on the West Shore to serve emerging demand funneled along the lake bridge and directly to the property. By any measure, the property is the most accessible and most prominent development opportunity along the TX 334 corridor. The long term future of Cedar Creek Lake will begin on the West Shore. The West Shore begins on the subject property. Listing Type: FOR SALE

Market Context

This commercial property in Seven Points, TX is listed for sale at $2,295,000. It has been on the market for 71 days. Compare it against other commercial property listings for sale in Seven Points, TX — view the full market.

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