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    Cora Lee Loop Marble Falls, TX 78654

    For Sale
    Contact for pricing

    1.18-acre commercial lot, ideal location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 1.18-acre commercial pad site presents a unique investment opportunity in the thriving city of Marble Falls, Texas. Strategically located at the southwest corner of Highway 281 and West Cora Lee Loop, this property benefits from high visibility and easy access to major transportation arteries. The site is situated within the affluent Legacy Crossing master-planned community, a 623-acre development encompassing 1,600 residential lots and plans for 264 multi-family units. This prime location is surrounded by significant residential growth, with 8,500 new homes planned or currently under construction within a one-mile radius, ensuring a robust and expanding customer base. The intersection of Highway 71 and US 281 provides convenient access to Austin and San Antonio, further enhancing the property's strategic value. This pad site offers exceptional potential for a variety of commercial developments, capitalizing on the burgeoning residential population and convenient access to major roadways. The zip code is 78654. This is a rare opportunity to acquire a highly desirable commercial lot in a rapidly growing area.

    Property Features for 0 Cora Lee Loop

    General Information

    Property type
    Land
    Lot Size
    51,401 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Marble Falls
    County
    Burnet
    State
    Texas
    Longitude
    -98.32276503613
    Latitude
    30.475146626821

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    FAQs

    What type of property is this?
    Land - 1.18-acre commercial lot, ideal location.
    Where is this land located?
    The property is located at Cora Lee Loop Marble Falls, TX.
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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
    Cora Lee Loop Marble Falls, TX 78654
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