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Corner Commercial Land
For Sale
$525,999

519 N Robinson Dr, Robinson, TX 76706

Corner tract with direct highway access and multiple zoning designations supporting commercial and mixed-use planning.

Property Size1,815 SF
Price / SF$289.81
Days on Market311

Property Features for 519 N Robinson Dr

General Information

Standard status Active
Size 1,815 SF
Property subtype Commercial

Building Details

Year Built 1977
Listing Agency: Texas Luxury and Land
Listed By: Lana Honey · License #0755891
Source: Dfwareahousehunt
Added: Dec 30, 2025 Changed: Nov 1 Last Checked: Nov 4 at 2:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Texas Luxury and Land

Rey
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Investment Insights

Based on property information with market context.

This 2.25-acre commercial land tract occupies a corner position along Hwy 77 in Robinson. The property includes two existing houses and provides direct access from the highway, with frontage supporting visibility from the roadway.

Zoning designations identified for the property include RO, C-1, and SF-1, as described by the City of Robinson. The site is positioned at 519 N Robinson Dr and may accommodate commercial or mixed-use development consistent with applicable zoning and approvals.

Key Highlights

  • 2.25‑acre commercial land tract
  • Corner location with frontage on Hwy 77
  • Direct access from Hwy 77

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,969
Cap Rate
3.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$359,380 $359.4K
Cap Rate 7%
$256,700 $256.7K
Cap Rate 9%
$199,656 $199.7K
Market Conditions
NOI Build-Up for 1,815 SF
Gross rent
$32.7K $18.00/SF
− Vacancy
−$3.9K −$2.16/SF
EGI
$28.7K $15.84/SF
− OpEx
−$10.8K −$5.94/SF
NOI
$18.0K $9.90/SF
Area
McLennan County, TX
Vacancy
12.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$359,380
Cap Rate 7%
$256,700
Cap Rate 9%
$199,656

Alternative Uses

Best Use
Mixed Use
$256.7K
$224.6K – $299.5K (±1% cap)
NOI $17,969 @ 7.0% cap · market cap 3.42%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$22.61M
$19.78M – $26.38M (±1% cap)
NOI $1,582,732 @ 7.0% cap · market cap 300.90%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Commercial land

Suggested Use

Top Pick Big Box & Wholesale Store Law Firm Real Estate Agency Auto Parts Store Kitchen & Bath Showroom Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

191
Businesses Nearby

Demographics for 76706, TX

39,303
Population
16,600
Households
2.4
Avg Household Size
27
Median Age
23%
College-Educated
85%
High-School Grad
72.3 sq mi
ZIP Area
544
Density / Sq Mi
$42,277
Median Household Income
$23,954
Median Earnings
$1,063
Median Rent
$180,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Corner tract with direct highway access and multiple zoning designations supporting commercial and mixed-use planning.
Where is this commercial land located?
The property is located at 519 N Robinson Dr Robinson, TX.
What is the asking price?
The asking price for this property is $525,999.
What are key features of this property?
This property features: 2.25‑acre commercial land tract; Corner location with frontage on Hwy 77; Direct access from Hwy 77
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