I-20 and Hwy 16, Strawn, TX
Asset ClassLand, Hotel & Hospitality, Mixed Use, Retail, Special Purpose
Land76 Acres
±76 acre opportunity zone development along I-20 at Hwy 16 in Strawn, TX
Overview
- High-visibility freeway development parcels, perfect for restaurant, hotel, retail, RV park, industrial uses
- Strategically located midway between Dallas/Fort Worth and Abilene, Texas
- Located at the major intersection of I-20 and Hwy 16
- 11-minute drive to the new Palo Pinto Mountains State Park
- AG exempt
- Potential uses include: restaurant, RV park, retail, hotel, light industrial
- Water main and power are at the parcels
- Adjacent to the Big Bear Mountain residential development
- Major highway intersection with great visibility
- Located in a “Texas Opportunity Zone”, providing significant tax incentives for development
Investment Highlights
Land use concepts:
- Mix of potential uses that would be ideal at this location
- Parcel sizes and uses are flexible
- Entire remainder 68.46 acres, $1.25/sf or $3,727,647
- Tract 2: 1.8 acres, hotel/restaurant, $4/sf or $313,632
- Tract 3: 7.4 acres, hotel, $3/sf or $967,032
- Tract 4: 14.5 acres, mixeduse, $3.5/sf or $2,210,670
- Tract 5: 18.5 acres, RV, small frontage, $2/sf or $1,611,720
- Tract 8: 25.7 acres, industrial distribution, $2/sf or $2,238,984
Photo Gallery
20 TX-16Strawn, TX 76475
Sales Team
Listing provided by Revere CRE