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    2621 Fm2931 Krugerville, TX 76227

    For Sale
    Contact for pricing

    7.93 Acres, B-2 Zoning, High Growth

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 7.93-acre commercial land parcel presents a remarkable investment opportunity in the thriving Aubrey, Texas market. Strategically located on FM 2931, this property boasts a prime location surrounded by significant residential development, including Liberty at Providence Village (approximately 197 lots), Silverado by D.R. Horton (approximately 2,928 lots), and Providence (approximately 2,348 lots), ensuring a robust and expanding customer base. The property is divided into two tracts: a northern tract of 5.31 acres and a southern tract of 2.62 acres, offering flexibility for development. The B-2 zoning allows for a wide range of commercial uses, making it ideal for retail, restaurants, or other commercial ventures. FM 2931 is undergoing expansion to six lanes, promising enhanced accessibility and visibility. This property's location in Denton County, Texas, zip code 76227, offers easy access to US-380, further enhancing its strategic value. The high-growth residential areas surrounding the property guarantee a strong potential for return on investment. This is a rare opportunity to acquire a substantial commercial land parcel in a rapidly developing area. Contact us for pricing and additional information.

    Property Features for 2621 Fm2931

    General Information

    Property type
    Land
    Lot Size
    345,431 SF

    HighLights

    • 7.93‑acre commercial land parcel for sale in Aubrey, TX.
    • Property consists of two tracts: 5.31 acres (north) and 2.62 acres (south).
    • B‑2 zoning allows for various commercial uses.
    • Prime location on FM 2931, surrounded by major residential developments (Liberty at Providence Village, Silverado by D.R. Horton, Providence).
    • FM 2931 expansion to six lanes is underway, improving accessibility.
    • Convenient access to US‑380.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Krugerville
    County
    Denton
    State
    Texas
    Longitude
    -96.9853474
    Latitude
    33.2647059

    Nearby Comparable

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    Nearby Similar for Sale

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      Krugerville Retail Building For Sale

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      Freestanding Building Near Growing Community

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      Krugerville Retail Building - Hwy 377

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    FAQs

    What type of property is this?
    Land - 7.93 Acres, B-2 Zoning, High Growth
    Where is this land located?
    The property is located at 2621 Fm2931 Krugerville, TX.
    What are key features of this property?
    This property features: 7.93-acre commercial land parcel for sale in Aubrey, TX.; Property consists of two tracts: 5.31 acres (north) and 2.62 acres (south).; B-2 zoning allows for various commercial uses.
    Request Owner's contact information
    2621 Fm2931 Krugerville, TX 76227
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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
    2621 Fm2931 Krugerville, TX 76227
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