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    Nwc - Tx 114 & F.m. 156 Justin, TX 76247

    For Sale
    Contact for pricing

    86 Acres of Prime Commercial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 86-acre commercial land parcel presents a remarkable investment opportunity in the rapidly growing city of Justin, Texas. Located at the Northwest corner of TX 114 and FM 156 in Denton County, this property boasts a highly desirable location with exceptional visibility and accessibility. The Future Land Use designation is General Commercial, providing significant flexibility for a wide range of development projects. Imagine the possibilities – a thriving retail center, a modern industrial park, or a mixed-use development catering to the area's expanding population. The expansive lot size offers ample space for large-scale projects, ensuring significant potential for future returns. With its strategic location at a major intersection, this property benefits from high traffic counts and easy access to major transportation arteries, making it an ideal location for businesses seeking maximum exposure. The property's address is NWC - TX 114 & F.M. 156, Justin, TX 76247. This is a rare opportunity to acquire a substantial land holding in a dynamic market poised for continued growth. The property is zoned for General Commercial use, providing a wide range of development options. Don't miss this chance to secure a prime piece of Texas real estate. Contact us today to learn more about this exceptional investment opportunity.

    Property Features for 0 Nwc - Tx 114 & F.m. 156

    General Information

    Property type
    Land
    Lot Size
    3,746,160 SF

    HighLights

    • 86‑acre commercial land parcel in Justin, TX.
    • Located at the NW corner of TX 114 and FM 156 in Denton County, offering high visibility and accessibility.
    • General Commercial zoning allows for diverse development options.
    • High traffic counts due to major intersection location.
    • Address: NWC - TX 114 & FM 156, Justin, TX 76247.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Justin
    County
    Denton
    State
    Texas
    Longitude
    -97.3122083
    Latitude
    33.0298935

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    FAQs

    What type of property is this?
    Land - 86 Acres of Prime Commercial Land
    Where is this land located?
    The property is located at Nwc - Tx 114 & F.m. 156 Justin, TX.
    What are key features of this property?
    This property features: 86-acre commercial land parcel in Justin, TX.; Located at the NW corner of TX 114 and FM 156 in Denton County, offering high visibility and accessibility.; General Commercial zoning allows for diverse development options.
    (214) 526-3626
    Request Owner's contact information
    Nwc - Tx 114 & F.m. 156 Justin, TX 76247
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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
    Nwc - Tx 114 & F.m. 156 Justin, TX 76247
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