1462 Pettit Parkway

Welcome to Charming Whitewright with a vibrant downtown, good schools and ease of access! Situated in an area of rapid growth, just north of Blue Ridge and Farmersville, where new home construction has skyrocketed, this highly visible 1.65-acre tract is in the path for future growth. With 9,256 vehicles traversing this site daily according to the 2023 Texas Department of Transportation study, this location offers maximum exposure for your business! The property is fully cleared and ready for development, featuring city water, sewer, electricity, natural gas, and a commercial water meter already installed. No floodplain. The front half of the lot is zoned Commercial, while the back half is zoned Residential, divided by a drainage easement -- a perfect setup for those wanting to build a business up front and live on-site in the back. Rezoning may be possible if you prefer to designate the entire property as either Commercial or Residential. Rumored to be the former location of Whitewright's florist, this site offers both a touch of history and a wealth of potential. Located less than half a mile from downtown and less than a mile from Hwy 11, providing quick connections to Tom Bean, Howe, and Hwy 75. Just a short 20-minute drive to Sherman -- the future site of Texas Instruments' cutting-edge semiconductor plant, bringing 3,000 new jobs to the region. As DFW continues to push north, this is your opportunity to buy land while it is priced right. Utilize a 1031-exchange and watch your investment grow! With 200 feet of Hwy 69 frontage, this is a rare investment property you won't want to miss!