200 E Fate Main Place, Fate, Texas, 75132
$2,500,000
1.08 Acres
#21382861
Prime mixed use development opportunity in Downtown Fate, TX. Property offered for 2.5M with seller also open to a potential development partnership with a qualified builder or developer. Under a partnership structure, seller's contribution would be the land, with builder or developer responsible for development and construction investment, subject to mutually agreed upon terms. Plans have been developed for a mixed use project featuring ground floor retail with residential apartments above. Seller represents that permits for the proposed development have already been approved by the City of Fate. Excellent opportunity to acquire the property outright or partner with the landowner to bring an already planned Downtown Fate project to life. Contact listing agent for plans, permit information and partnership details. Buyer and buyer's agent to independently verify zoning, permits, approvals, development requirements, utilities and all information.
PROPERTY FEATURES
- Easements : Telephone
- Lot Features : Acreage,Corner Lot
- Road Frontage Type : City Street,Sidewalk
- Current Use : Commercial
- Possible Use : Commercial,Mixed Use,Multi-Family,Retail
- Zoning Description : Commercial
- Title Company Preferred: Old Republic Title-Wendy
PROPERTY DETAILS
ID: 21382861
Status: Active
Price: $2,500,000
Acres: 1.08 Acres
Price Per Acre: $2,325,581
Type: Lot and Land
Address: 200 E Fate Main Place
City, State: Fate, Texas
County: Rockwall
Zip Code: 75132
Lat/Long: 32.941379, -96.38008
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