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24996904
24996903

915 E Cedar Creek Pkwy, Seven Points, TX 75143

TM
TX TX 0447661
Legacy Commercial Group
Listed by Legacy Commercial Group
$2,900,000
1195 days on market
Updated 16 days ago
Opportunity zone

915 East Cedar Creek Parkway Seven Points, Texas 75143

Details
Property Type Land
Sub Type Commercial
Lot Size (SqFt) 10

GATEWAY TO CEDAR CREEK LAKE.

Marketing description

PROPERTY OVERVIEW

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.

PROPERTY DESCRIPTION

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.

Investment highlights

OFFERING SUMMARY

  • Price: $2,295,000.00

  • Lot Size: 10 Acres

  • Price / Acre: $229,500.00

  • Price / Foot: $5.27

  • Market: DFW Metroplex

  • Zoning: Commercial

  • Utilities: West Cedar Creek Municipal Utility District CCN# 11499

PROPERTY HIGHLIGHTS

  • Panoramic Lake View

  • Terminating Vista from the Lake Bridge moving West

  • Commanding Presence along Cedar Creek Parkway

  • Numerous Mature Hardwood Trees

  • On Site Power

  • Water & Sewer in Street

  • Property is located in Henderson County Opportunity Zone #9507

  • Cooperative Municipal Officials – currently no municipal property tax

  • New Multifamily Development Less than a mile southwest

  • Near Proximity to Marina/Public Lake Access Points

  • Lake Lifestyle

  • 50 mile commute to Dallas, Texas

  • Kaufman County fastest growth in the US – US News and World Report April 5, 2022

Listing Contacts

TM
TX TX 0447661
Legacy Commercial Group
Listed by Legacy Commercial Group

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Additional Information

Name
TJ McNeece
License
TX 0447661
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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