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    Bluebonnet Ln Milford, TX 76670

    For Sale
    $800,000

    24.69 Acres, Prime Texas Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 24.69-acre property presents a unique investment opportunity in Milford, Texas, zip code 76670. Strategically located along the I-35 corridor, this land boasts unparalleled visibility and accessibility, with over 40,000 vehicles passing daily. A frontage road provides direct access to the interstate, maximizing exposure for any development. The property is zoned OUTSIDE CITY LIMITS, offering flexibility for a variety of uses, including commercial ventures and agricultural pursuits. The asking price is $800,000, and while the price is negotiable, this represents a significant opportunity for investors seeking a strategic foothold in a high-growth area. Detailed information is available upon request. This substantial land parcel presents limitless potential for those seeking to capitalize on the high traffic volume and prime location at the intersection of I-35 and the town of Carl's Corner. The property's location offers easy access to major transportation routes, making it an ideal site for businesses needing high visibility and convenient access for customers and employees. The expansive acreage allows for substantial development or agricultural use, providing a versatile platform for various investment strategies. Don't miss this chance to acquire a significant land holding in a rapidly developing area.

    Property Features for 0 Bluebonnet Ln

    General Information

    Property type
    Farms
    Lot Size
    1,075,496 SF

    HighLights

    • 24.69‑acre tract in Milford, TX (76670), priced at $800,000 (negotiable).
    • High‑traffic location on I‑35 corridor, exceeding 40,000 vehicles per day (VPD).
    • Direct I‑35 frontage road access ensures excellent visibility and accessibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Milford
    County
    Ellis
    State
    Texas
    Longitude
    -97.038349
    Latitude
    32.0918175

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    FAQs

    What type of property is this?
    Farm - 24.69 Acres, Prime Texas Location
    Where is this farm located?
    The property is located at Bluebonnet Ln Milford, TX.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: 24.69-acre tract in Milford, TX (76670), priced at $800,000 (negotiable).; High-traffic location on I-35 corridor, exceeding 40,000 vehicles per day (VPD).; Direct I-35 frontage road access ensures excellent visibility and accessibility.
    Request Owner's contact information
    Bluebonnet Ln Milford, TX 76670
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    Milford, TX 76670
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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
    Bluebonnet Ln Milford, TX 76670
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