The 64.65-acre tract of land located at the intersection of Parker Hill Road and Highway 45 in Palmer, Texas, presents a significant opportunity for development, particularly for edge data centers or light industrial projects. Here’s a detailed description of the property and its potential uses:
Property Overview
Size: 64.65 acres
Location: Intersection of Parker Hill Road and Interstate Highway 45, Palmer, TX 75152
Zoning: Possible Commercial zoning allows for various development options including data centers, light industrial facilities, retail centers, and residential communities.
Key Features
****Strategic Location
Accessibility: The property has direct access to Interstate Highway 45, which enhances visibility and connectivity for businesses.
Road Frontage: Significant frontage on both Parker Hill Road and Highway 45 provides ample exposure for commercial ventures.
****Development Potential
Data Center Suitability: The land is deemed suitable for edge data center development based on preliminary assessments. This is particularly advantageous given the increasing demand for data storage and processing facilities.
Light Industrial Development: The zoning supports light industrial uses, making it ideal for manufacturing, warehousing, or distribution centers.
Mixed-Use Opportunities: Beyond industrial applications, the property can accommodate retail spaces or hospitality establishments, capitalizing on its location.
****Surrounding Environment
Natural Beauty: The land is surrounded by picturesque views and natural landscapes, which could enhance the appeal of any residential or commercial development.
Future Growth: As Palmer continues to grow, this property stands as a strategic investment opportunity. The area is experiencing increased demand for both commercial and residential spaces.
Investment Highlights
Price: Currently listed for approximately $2,499,900, translating to about $38,668 per acre.
This 64.65-acre tract at Parker Hill Road and Highway 45 offers a versatile canvas for developers looking to capitalize on its strategic location and zoning advantages. Whether pursuing edge data center projects or light industrial developments, this property holds considerable potential in a rapidly evolving market.