This slightly irregular tract is located at the Northeast corner of the intersection of SH 138 and Business 195 and the northwest corner of the intersection of SH 138 and SH 195 in Florence. Access: 1,206 feet of frontage along the east side of Business 195 which is split into two sections of 1,126 feet on the southwest portion, and 80 feet at the northwest corner. The south side of the subject fronts the north side of SH 138 with 2,064 feet of frontage. SH 138 is a two lane, asphalt paved road with shoulders. The most westerly 170 feet of frontage along SH 138 has a control of access line in which no curb cut can be located. The east side of the subject fronts the west side of SH 195 which was recently opened. SH 195 is a four lane, divided highway with the subject having 2,515 feet of frontage . No direct access to SH 195 is allowed however exposure is excellent. Water: Chisholm Trail SUD 2” water line and meter present with the 12” water main across Business 195 from the property boundary. Land Features: A gorgeous tract of land that could be enjoyed as a family estate tract to reside and recreate then developed at some point in the future. Excellent hardwood tree coverage including towering Live Oaks, Post Oaks and Elms. Salient Facts: A great investment tract that could be easily developed and subdivided due to the presence of the water main and ample road frontage. An esthetically pleasing tract, the exposure to three highways are sure to be of great benefit in the future. With the current 1-d-1 exemption in place, the hold costs on this investment tract are very low. - See more at: http://www.ranchinvestments.com/default.asp?f=listing_details&listingid=453053#sthash.5pxJNJeJ.dpuf
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