For Sale
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Property summary
This exceptional .79-acre lot presents a compelling investment opportunity in the thriving city of Troy, Texas. Strategically located near existing residential areas and planned multi-family developments, this property enjoys a prime position for significant future growth. Its proximity to the downtown core ensures high visibility and accessibility, making it an attractive site for a variety of commercial ventures. The property is zoned for General Business, offering flexibility for diverse development plans, from retail spaces and restaurants to professional offices or mixed-use buildings. Essential utilities are readily available, simplifying the development process and minimizing upfront costs. The substantial size of the lot allows for ample space to accommodate a sizable building or complex, maximizing potential return on investment. Given the current market trends and the property's advantageous location, this .79-acre lot represents a rare chance to acquire a highly desirable piece of land with immense potential for future development and substantial financial returns. This is a unique opportunity to capitalize on the growth trajectory of Troy, Texas, and establish a thriving business in a vibrant and expanding community. The property's zoning and location make it an attractive proposition for both seasoned developers and new investors seeking a promising venture in a dynamic market.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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