Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    31589 Us Hwy 84 Hwy McGregor, TX 76657

    For Sale
    $549,900

    15.9 Acres, High Visibility, Endless Potential

    Property size:
    1,341 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 15.9-acre property in McGregor, Texas, presents a unique investment opportunity. Located on US Highway 84, it boasts approximately 140 feet of frontage, ensuring high visibility to the over 17,600 vehicles that TxDOT projected would pass daily in 2022. The property includes 1,341 square feet of existing improvements, built in 2013, offering immediate usability. Its versatile zoning allows for both residential (R-10) and general commercial (GC) development, opening doors to a wide range of possibilities. Imagine a thriving business capitalizing on the significant traffic flow, or a stunning residential estate on this expansive land. The 692,604 square foot lot provides ample space for ambitious projects. This prime location combines the benefits of high visibility and accessibility, making it an ideal choice for discerning investors seeking a property with significant upside. The existing structure offers a solid foundation for immediate use or potential redevelopment, while the expansive acreage allows for future expansion and growth. Don't miss this chance to acquire a truly remarkable property with exceptional potential.

    Property Features for 31589 Us Hwy 84 Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,341 SF
    Lot Size
    692,604 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    McGregor
    County
    McLennan
    State
    Texas
    Longitude
    -97.37502
    Latitude
    31.45539

    Nearby Similar for Sale

    • $390,000
      1.36 Acres

      Live-Work Property with Mechanic Shops

      Versatile McGregor property with residence and mechanic shops for sale.
      3725 Old Mcgregor-Crawford Rd, McGregor, TX 76657
      View Details
    • $2,400,000

      McGregor Specialty Property For Sale

      Specialty property available for purchase in McGregor, Texas.
      3955 Blue Cut Rd N, McGregor, TX 76657
      View Details
    • $325,000
      3,000 SF

      McGregor Airport Hangar For Sale

      Premium hangar, loft, simulator room
      27474 Hwy 84-Ph #19 Hwy, McGregor, TX 76657
      View Details
    • $439,000
      5,606 SF

      McGregor Retail Space - Prime Location

      High-Visibility Retail Space, 5606 sq ft
      215 Mcgregor Dr, McGregor, TX 76657
      View Details
    • Contact for pricing
      199.00 Acres

      McGregor Mixed-Use Development Opportunity

      Texas Medical, Retail, & Multifamily
      84 Lorena Rd & Hwy, McGregor, TX 76657
      View Details
    • Contact for pricing
      2,862 SF

      McGregor Mixed-Use Investment Opportunity

      Historic Downtown McGregor building, high visibility.
      229 Main St, McGregor, TX 76657
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - 15.9 Acres, High Visibility, Endless Potential
    Where is this commercial real estate located?
    The property is located at 31589 Us Hwy 84 Hwy McGregor, TX.
    What is the asking price?
    The asking price for this property is $549,900.
    (254) 751-7900
    Request Owner's contact information
    31589 Us Hwy 84 Hwy McGregor, TX 76657
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    31589 Us Hwy 84 Hwy
    McGregor, TX 76657
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    31589 Us Hwy 84 Hwy McGregor, TX 76657
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.