Development Opportunity - 65 Acres - Fairfield, TX
Rare opportunity for development of 65 acres with TXDOT approved entries. (1) IH45 (2) US Hwy 84
Marketing description
65± ACRES | IH-45 & US 84 | FAIRFIELD, TEXAS
TxDOT-approved access at three entry points, one off the I-45 service road, and two off US Highway 84.
Sitting at the southeast corner of IH-45 and US Highway 84, this property features roughly 1,100 feet of I-45 frontage and 1,200 feet of direct access along US 84.
The property qualifies for the Opportunity Zone 2.0 program, and features pre-approved zoning by the City of Fairfield. Sales tax rebates are available for qualified projects. TIRZ and TIF eligible for developer.
Power, water, sewer, and electricity are on site or nearby. Ideal for multi-family, single-family, commercial, industrial, retail, distribution, warehousing, and logistics.
The City of Fairfield is business friendly and looks forward to working with developers. Freeport Tax Exemption in place (see documents).
I-45 runs straight between Dallas and Houston, the 4th and 5th largest metros in the country. US 84 is a primary Fairfield artery and the gateway to the Fairfield Lake Luxury Home and Golf Course Development.
Preferred Title: Heritage Title and Abstract | 135 Mount Street, Fairfield, TX | (903) 389-4605
Site plans are proposed renderings only and have not received approval from any state, city, or local government agency.
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Investment highlights
Great opportunity to develop a 65+- acre contiguous acreage site on IH 45 between the third and fourth largest MSA, DFW and Houston. The property qualifies for the Opportunity Zone 2.0 program, and features pre-approved zoning by the City of Fairfield. Sales tax rebates are available for qualified projects. TIRZ and TIF eligible for developer.
Property is suitable for multiple uses and has utilities either on site or nearby. City of Fairfield is part of the "Freeport Tax Exemption and Goods in Transit Exemption. (see documents for information). Just 90 miles south of DFW, 140 miles north of Houston, 135 miles northeast of Austin. This property is in the center of the Texas Triangle and is the perfect location for logistics, warehousing, distribution along with multiple other uses.
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