This is a one of a kind property on a CORNER LOT with two main entrances on FM 1461-Lake Forrest and Baxter Well Rd. Front 3 acres is zoned Commercial and back 4.72 acres is 1D1 Ag exemption. Perfect for COMMERCIAL, MULTI-FAMILY, STORAGE, OR RETAIL opportunities with 432 feet of frontage to the main road. Presently used as a retail nursery-landscape and includes a 1225 sqft retail office space building, huge outdoor 8349 sqft warehouse building and additional 2520 sqft outdoor storage building. The back of this property includes a 60ft easement all along the property creek for future sewer connection. Land is very close proximity to the NEW PAINTED TREE RESIDENTIAL DEVELOPMENT and Baylor Scott and White hospital. Huge revenue potential on this prime location.