Listing Description
Vanguard Real Estate Advisors (VREA) has been exclusively retained by Ownership to offer the opportunity to purchase 93.87 acres (the Site) located along E Maple Street (FM-1753) in Ravenna, TX. This Site offers direct frontage (1,000 feet) on FM 1753 (E Maple Street), Ravenna’s main east west thoroughfare. The Site is 4.5 miles north of Highway 82, an important east-west route that runs from Lubbock to Texarkana, and is less than 3 miles west of Highway 78, a primary north-south thoroughfare serving greater Fannin County.
With no known zoning restrictions in place, the Site boasts a wide range of potential uses. Located in one of Texas’ fastest-growing counties, this is a solid opportunity for developers or investors looking for well-located land in the path of growth.
This offering is exceptionally priced at an asking price of only $1,975,000, which is $275,000 less than the Site’s appraised value per a recent appraisal done by CBRE in November 2024.