7.02 Acres in Ranger, TX - $1,070,269
INTERSTATE 20 PAD SITES READY FOR IMMEDIATE DEVELOPMENT.
This 7.016 acre more or less interstate frontage site commands the 154 mile Western Interstate 20 Travel Corridor, halfway between Fort Worth and Abilene. The high visibility Subject Tract is supported by all necessary infrastructure and local incentives might be available. Construction could begin immediately. This campus could support restaurants, retail, truck stops, convenience stores, strip retail, liquor stores, light office or other compatible uses servicing this MIDWAY point on one of Texas' busiest stretches of Interstate. LOOK AT A TEXAS MAP...THIS SITE IS IN THE MIDDLE OF WHAT'S NEXT FOR THE REGION!!!
LOCATION: Fronting Westbound Interstate 20 Service Road, just east of the Interstate 20/Loop 254 FM 2461 Intersection, Ranger, Eastland County, Texas
SIZE: 7.016 acres more or less (305,616.96 Square Feet). Additional c...
SIZE: 7.016 acres more or less (305,616.96 Square Feet). Additional complementary tracts are available for future expansion or competitive control. Sufficient vacant land exists along this well-accessed stretch of interstate to support dramatic future growth as a regional hub.
MARKET: 91 miles west of Fort Worth
56 miles west of Weatherford
65 miles east of Abilene.
10 miles east of Eastland
FRONTAGE: I-20 two-lane, two-direction service road frontage: 362 feet more or less. Loop 254 four-lane (no dividing median inhibiting turns), two-direction frontage: 445 feet more or less.
ACCESS: Interstate 20 Westbound: Off ramp built to enter subject property. Interstate 20 Eastbound: Off ramp, cross over two lane overpass, enter subject property from I-20 service road and also from Loop 254 (Subject Property connects/bridges pass-through between I-20 and Loop 254).
Loop 254/FM 2461: Full direct access on grade
Future Road Way Feeder Street: Additional future feeder street access has already been dedicated by the landowner along the eastern boundary of the Subject Property. This area does not subtract from the net usable square footage recited above. This street also bridges/connects the I-20 Service Road and Loop 254 (and insulates the Subject Propertys eastern boundary from future inferior development). If the large wrap regional development site located to the east and north is developed using current master shopping center planning principles, this dedicated street could provide reciprocal easements to and from the Subject Property to that future projects tenant sites, further increasing the subject sites future traffic.
HIGHWAY TRAFFIC COUNTS
(TxDOT 2009 Annual Average Daily Traffic (AADT)
2011 AADTs Believed To Be Higher
Interstate 20: 15,600 vehicles
Loop 254, at Subject Property entrance: 3,600 vehicles
FM 2461 Throughway to Loop 254 from the south: 770 vehicles
INTERSTATE SIGNAGE: Ervin Middlebrook at TxDOT/Austin confirmed in December 2010 that the maximum size of an onsite interstate-visible sign can be 14 x 48. The maximum height is 42 above the contiguous roadway (in this case 60 feet above the finished elevation of I-20, as the Subject Property sits higher than the interstates roadbed). Given the location of the Loves Truck Story sign immediately to the west, staging the future buyer-constructed monument or raised interstate sign an additional 40 feet off the service road would enhance its readability (and enhance the cumulative visual pull of both signs working together). The Loves sign is visible from about half a mile away in both directions at night. Space is also available on TxDOTs blue Exit Business signs (east and west reading) prior to arriving at the Subject Propertys off ramp locations. Multiple regional billboards are also available.
FLOODPLAIN: None within or affecting the Subject Property.
TOPOGRAPHY: Slight slope upward towards the rear, moving away from the Interstate 20 service road toward the Loop 254 rear perimeter. Site is above grade to the interstate, enhancing its visibility. Site access from the service road and from Loop 254 are both at grade.
SITE ADVANTAGES
The Subject Site offers proven traffic counts and the demonstrated success of neighboring businesses.
Electricity, city water, and city sewer (lift station already built) in place at site.
Development incentives are available for request from the Ranger Economic Development Corporation.
Employee training (and affordable labor supply) is available one mile away from the regional Ranger College campus students.
Alternative sites can suffer from lack of interstate service road access, lack of completed infrastructure, adverse topography and/or onerous city permit/planning approvals. Currently there are no city zoning or development restrictions, building permits, design review, city permitting fees or inspections in place within the City of Ranger.
This site benefits from the sister attraction effect. Consumer traffic drawn off Interstate 20 to Dairy Queen, Loves, Ranger College, Best Value Inn and the RL RV Park would pass in front of the Subject Sites front door. Each of these concerns act/advertise independently to draw traffic from the freeway, but in all cases pull them past the two future Subject Tract frontages.
The site fronts access to several hunting lease state highway and county road corridors in this part of Texas, as well as having direct access to the 726-acre Lake Leon boating/fishing guests, just six miles to the south. The Texas Forts Trail also passes along the front of the Subject Property as well, drawing tourists from around the state.
Ranger is the only town in Eastland County selling packaged liquor.
No Western Interstate 20 Travel Corridor business is using the iconic Oil Derrick monument/signage to draw tourist traffic to their sites from longer distances. Though subject to verification, if one omitted signage from their icon derrick, there would be no height restriction on this landmark structures use to create a memory aid for repeat I-20 travel motorists. Other Texas retailers capitalize on local historical lore within their site merchandizing.
The nearest TxDOT rest stops providing restrooms are thirty minutes to the east or west from the Subject Property (to the east of Hwy 281 toward Fort Worth, and to the west past Union Hill Road nearing Abilene).
Depending upon your site plan needs, the Subject Site footprint lends itself to future expansion for targeted diesel sales, or for stand alone retail (to flip a portion of the site to a compatible user, while controlling their use through future deed restriction or partnership). One existing house and two commercial structures onsite can be removed at the sellers cost within mere days of closing.
This would make a great home for OIL & GAS surface land investment and/or 1031 EXCHANGE monies.
See also The Woodmont Company website for Ranger Station land plan maps and more information.
Contact agent Jeff Clark at 254-433-2561 for immediate assistance.
(Buyers Agent must be identified on first contact & must accompany buying prospect on all showings to be allowed full participation. If this condition is not met, fee participation will be at the sole discretion of Roaring Ranger Realty, LLC, Broker).
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