Madison Park Development

Offering 12 great lots off FM 2590 inside Canyon city limits. Access is city water/sewer is available and parcels sizes range from .59-.84 acres. As FM 2590 continues to grow, the traffic count will rise. As of 2022, the average daily traffic count is more than 6,000 and has grown since. Current appraisal in hand for 1,500,000 retail value & a 1,175,000 bulk value. Respectively, this puts our list price at 65% of retail value & 84% of bulk value. Lots will be priced at $3 per sq ft for bulk pricing & 3.75 per sq ft for individual lots. Investor/Builder deals can be make with a multi-lot purchases. Water: The commercial land is located in the Canyon city limits. Access to city utilities is available. Improvements: There are no improvements on the land at this time. Minerals: All owned mineral estate will convey with the sale. Landscape: The land is flat and readily available for a building site. Exclusions: There are no known exclusions at this time. Zoning/Easements: The property is located inside the Canyon city limits. Estimated 2023 Paid Taxes:* 2023 Taxes: $6,000 for all tracts OR $500 per tract. *This is an estimated tax for 2023. Potential buyers will be responsible for verifying the taxes with or without exemptions.* Area: The commercial property is located in the central portion of Randall County & on the NW side of the Canyon city limits. Access: The property has paved access via FM 2590 (also known as S Soncy Rd.).