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    Tbd Chico Hwy Runaway Bay, TX 76426

    For Sale
    $339,000

    Prime Bridgeport acreage, ready to develop.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 15.97-acre vacant land parcel presents a remarkable opportunity for development in the thriving Bridgeport, Texas business district. Situated on TBD Chico Hwy, 76426, this property boasts a highly desirable location with excellent visibility due to its position in a heavy traffic area. The expansive lot offers endless possibilities for a variety of commercial ventures. Imagine a vibrant restaurant, a recreational facility, or any number of businesses that would flourish in this established area. The proximity to new construction further underscores the growth potential of this location. The land is currently undeveloped, providing a blank canvas for your vision. This is an ideal site for new construction, capitalizing on the existing infrastructure and the area's economic vitality. The seller is highly motivated and will consider all offers, making this an exceptional investment opportunity. The property is conveniently located in Wise County, Texas, offering easy access to major transportation routes. Don't miss this chance to acquire a significant piece of land in a rapidly growing area. Act quickly to secure this prime commercial real estate. The coordinates are 33.2192035 latitude and -97.7682945 longitude.

    Property Features for 0 Tbd Chico Hwy

    General Information

    Property type
    Land
    Lot Size
    695,653 SF

    HighLights

    • $339,000 asking price.
    • 15.97‑acre vacant land parcel.
    • Located in Bridgeport, Texas, in a high‑traffic business area.
    • Suitable for various commercial developments, including restaurants and recreation.
    • Seller highly motivated and considering all offers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Runaway Bay
    County
    Wise
    State
    Texas
    Longitude
    -97.7682945
    Latitude
    33.2192035

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Prime Bridgeport acreage, ready to develop.
    Where is this land located?
    The property is located at Tbd Chico Hwy Runaway Bay, TX.
    What is the asking price?
    The asking price for this property is $339,000.
    What are key features of this property?
    This property features: $339,000 asking price.; 15.97-acre vacant land parcel.; Located in Bridgeport, Texas, in a high-traffic business area.
    (940) 683-3080
    Request Owner's contact information
    Tbd Chico Hwy Runaway Bay, TX 76426
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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
    Tbd Chico Hwy Runaway Bay, TX 76426
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