CRESTVIEW Denison Texas 75020

Description

Vanguard Real Estate Advisors (VREA) has been exclusively retained by Ownership to offer builders and developers the opportunity to purchase a 36.34 acre mixed-use development site known as Katy Trails Village in Denison, TX. The Site is currently zoned in a Planned Development allowing for 300 multifamily units, 77 townhome units and a 1.41 acre retail site. The Site is located in southern Denison along Woodlawn Boulevard and West Coffin Street approximately one mile north of Eisenhower Parkway (Spur 503), connecting to US-75 1.5 miles west. The Site also greatly benefits from having direct access to the Denison Katy Trail, which will be a 2.3 mile trail system connecting Downtown Denison to the southern sector of the city. The Site is located within a Tax Increment Reinvestment Zone (TIRZ). This represents a great opportunity to acquire a mixed-use development site with entitlements and utilities in place at $1.89 psf.