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    307 Us-377 Whitesboro, TX 76273

    For Sale
    $1,350,000

    Prime 2.6-Acre Commercial Lot, High Traffic

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 2.607-acre commercial property presents a rare opportunity for development in the thriving Whitesboro, Texas market. Situated on the highly visible corner of Ella Street and Highway 377, this lot boasts unparalleled exposure to a significant daily traffic volume. The property is completely ready for immediate development, with all essential utilities readily available. Its strategic location makes it ideal for a diverse range of commercial ventures, including retail establishments, offices, or other businesses seeking a prominent presence. The expansive acreage provides ample space for substantial construction, allowing for flexibility in design and functionality. The location offers easy access to the vibrant growth areas of Sherman and North DFW, providing a strong foundation for future success. Highway 377 frontage is a highly sought-after asset, making this property a truly exceptional investment opportunity. Don't miss this chance to secure a prime location in a rapidly expanding market

    Property Features for 307 Us-377

    General Information

    Property type
    Other commercial real estate
    Lot Size
    113,692 SF

    Building Details

    Year Built
    2024
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Whitesboro
    County
    Grayson
    State
    Texas
    Longitude
    -96.8976
    Latitude
    33.66237

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 2.6-Acre Commercial Lot, High Traffic
    Where is this commercial real estate located?
    The property is located at 307 Us-377 Whitesboro, TX.
    What is the asking price?
    The asking price for this property is $1,350,000.
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    307 Us-377 Whitesboro, TX 76273
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    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
    307 Us-377 Whitesboro, TX 76273
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