1020 N Murphy Rd - Commercial LAND FOR SALE


Murphy, TX 75094 32,670 SF
$790,000 USD
469-450-2833
1020 N Murphy Rd, Murphy, TX for Sale
$790,000 USD
Commercial LAND - FOR SALE
1/16
32,670 SF

1020 N Murphy Rd
Murphy, TX 75094


HIGHLIGHTS

  • Excellent visibility in a high income neighborhood
  • Proposed condo association cuts down on buyers land development expense
  • High traffic through the cities main access road

OVERVIEW

New development opportunity: The property could be more accurately described as a pad site instead of the whole 1.5 acres split in half. The 0.75 is an estimate of the property for sale. A condo association between two owners sharing access to common areas is an option. Attached are the elevations for our Phase One building which is Southfork Pet Hospital. It is 5000 SF. Phase two is the pad site to the right side of the first building which is to the east. Engineering has determined that 5,000 to 7000 SF can be built. Buyer will be responsible for additional parking spaces and anything else required by city ordinance. But pretty much, I've covered much of the initial development expense for this raw land such as easements, utilities, landscaping, monument sign, etc. This is reflected in the asking price of $790,000. More detailed engineering drawings and information from the Murphy Economic Development Board are available later should the buyer seriously pursue this deal through a letter of intent. And also proof of funds or banker's pre-approval. I will be ready then to introduce you to my professional team including architects, civil, contractors, and the city staff so you can have access to confidential information. Planned development Southfork Murphy Offices broke ground summer of 2024 and will be complete by March 2025. Buyer will benefit from the million dollar completed site work including easements, parking, utilities, signage, etc.

FOR SALE DETAILS

PRICE

$790,000 USD

PRICE/ACRE

$1,053,333/AC

PRICE/SF

$24 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Big price drop!! Motivated seller.

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Office, Office Park

LAND ACRES

0.75 AC

LAND SF

32,670 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

PD-Office, Retail

APN/PARCEL ID

2691451

ASK ABOUT THIS PROPERTY

Hector CarbonellUpscale Holdings IncMore Info
469-450-2833

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Hector CarbonellUpscale Holdings IncMore Info
469-450-2833

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.