Property profile

Groom, TX 79039

OFF-MARKET
Commercial real estate
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Property summary

AI-generated overview

This exceptional investment opportunity presents a substantial 0-acre parcel of general commercial land in the thriving town of Groom, Texas. Priced at $1,400,000, this property offers significant potential for a wide range of commercial ventures. The expansive acreage provides ample space for development, allowing for flexibility in design and construction to suit diverse business needs. Its strategic location within Groom ensures high visibility and accessibility, making it an ideal site for attracting customers and clients. The absence of existing structures allows for complete customization, enabling the creation of a property tailored to specific business requirements. This blank canvas presents a unique chance to build a thriving enterprise from the ground up, capitalizing on the growth potential of the Groom market. The property's general commercial zoning allows for a variety of uses, subject to local regulations, providing considerable versatility for prospective investors. This is a rare opportunity to acquire a significant piece of commercial real estate in a dynamic Texas town. Serious inquiries are encouraged to explore the possibilities this property offers. The property is located in Groom, TX. Further details regarding zoning and permitted uses are available upon request.

Property profile

Verified
Property type Commercial real estate

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Groom, TX 79039
Groom metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

3 recent transactions · within 1.5 mi
Comparable in this city
3 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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