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    6 Ac On Park St Nacogdoches, TX 75965

    For Sale
    $425,000

    6 Acres, Multi-Family Zoning, High-Demand Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 6.151-acre commercial land parcel presents a remarkable investment opportunity in Nacogdoches, Texas. Located at the southwest corner of Park Street and Martinsville Street, this property boasts an unbeatable location less than half a mile from N University Drive and just one block from a Walmart Neighborhood Market. The site is surrounded by dense residential development, providing immediate access to a substantial consumer base. Its proximity to Stephen F. Austin State University (with an enrollment of 11,946 students in Fall 2022) further enhances its appeal. The R-4 zoning allows for the development of up to 29 multi-family units per acre, unlocking significant potential for high-density residential construction. The asking price is $425,000, translating to a land value of $1.59 per square foot. The property's APN is 63883. This prime location and flexible zoning make this a truly exceptional opportunity for developers seeking to capitalize on the strong demand for housing in this thriving area of Nacogdoches. The property is situated in Nacogdoches County, Texas, with a 75965 zip code. This is a rare chance to acquire a large, well-located parcel in a rapidly growing market.

    Property Features for 6 Ac On Park St

    General Information

    Property type
    Land
    Lot Size
    267,938 SF

    HighLights

    • 6.151‑acre commercial land parcel at the southwest corner of Park Street and Martinsville Street, Nacogdoches, TX.
    • Less than half a mile from N University Drive.
    • One block from a Walmart Neighborhood Market.
    • Surrounded by high‑density residential development.
    • Within one mile of Stephen F. Austin State University (11,946 students enrolled Fall 2022).
    • R‑4 zoning allows up to 29 multifamily units per acre.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Nacogdoches
    County
    Nacogdoches
    State
    Texas
    Longitude
    -94.6553679
    Latitude
    31.7145848

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    FAQs

    What type of property is this?
    Land - 6 Acres, Multi-Family Zoning, High-Demand Location
    Where is this land located?
    The property is located at 6 Ac On Park St Nacogdoches, TX.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: 6.151-acre commercial land parcel at the southwest corner of Park Street and Martinsville Street, Nacogdoches, TX.; Less than half a mile from N University Drive.; One block from a Walmart Neighborhood Market.
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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
    6 Ac On Park St Nacogdoches, TX 75965
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