TBD Highway 79 Highway, Taylor, TX 76574 (MLS # 7154778)

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PRICE $29,542,609 SIZE n/a LOT SIZE 71.39 ac Request More Info Schedule a Showing

71 acres on the North side of US 79 nearly directly across the highway from the Samsung Taylor campus. The tract is inside the Taylor city limits, zoned EC (Employment Center), carries an Employment Special Zone future land use designation, and sits in the Controlled Growth Sector. It is out of any floodplain. In a corridor where the approval process has become the binding constraint, that combination is the asset Taylor's own position is that data centers and similar large-format employment uses can only be built where industrial uses are permitted, "such as the Employment Center zone". North Star already carries that zoning, is already annexed, and is already consistent with the adopted future land use map. The physical position is equally unusual. A 24-inch water main runs the full length of the eastern boundary along Lorax Lane, and a 16-inch main runs the US 79 frontage. The City of Taylor's elevated storage tank sits on its own City-owned parcel at the northeast corner of the tract. Oncor Electric Delivery owns 51.19 acres approximately 2,160 feet away. Served by water, not yet by sewer. Sanitary sewer is not currently extended to the site and is included in the City of Taylor's capital improvement plan; a buyer should confirm distance to the nearest connection point, cost and timing during feasibility. The tract is in active row-crop production with an agricultural exemption in place. A change of use will trigger an agricultural rollback, paid by buyer under the offered terms, and possession may require resolution with the existing farm tenant for standing crops. Zoning is not entitlement: an Employment Center Plan is required before development. Offered at $9.50 per square foot. 75-day feasibility period, earnest money of 0.5% going hard at expiration, closing 45 days thereafter. Any mineral interest owned by seller conveys. Sellers will entertain all offers, including a joint venture where the structure makes sense.