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    & Lot Mcgregor Dr McGregor, TX 76657

    For Sale
    $175,000

    0.785-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 0.785-acre commercial land parcel presents a unique investment opportunity in McGregor, Texas. Strategically located along Highway 84, just off Main Street, this highly visible lot boasts excellent accessibility and is ideally positioned within the city's growth trajectory. The property is zoned for commercial use, making it suitable for a variety of development projects. Its prominent location ensures high visibility for any future business. City utilities are readily available, simplifying the development process and reducing infrastructure costs. The 0.785 acres offer ample space for construction, allowing for flexibility in design and functionality. This prime location, combined with its commercial zoning and convenient access to Highway 84, makes this property an attractive prospect for entrepreneurs and investors seeking a strong foothold in a growing Texas market. The readily available city utilities further enhance the appeal and practicality of this development opportunity. Don't miss this chance to acquire a highly visible and conveniently located commercial lot in McGregor, Texas. The asking price is $175,000.

    Property Features for & Lot Mcgregor Dr

    General Information

    Property type
    Land
    Lot Size
    34,195 SF

    HighLights

    • High visibility from Hwy 84.
    • Commercially zoned lot.
    • Excellent highway access via Hwy 84.
    • City water and utilities readily available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    McGregor
    County
    McLennan
    State
    Texas
    Longitude
    -97.406918828699
    Latitude
    31.444801604671

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    FAQs

    What type of property is this?
    Land - 0.785-acre commercial lot, prime location.
    Where is this land located?
    The property is located at & Lot Mcgregor Dr McGregor, TX.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: High visibility from Hwy 84.; Commercially zoned lot.; Excellent highway access via Hwy 84.
    (254) 313-0000
    Request Owner's contact information
    & Lot Mcgregor Dr McGregor, TX 76657
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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
    & Lot Mcgregor Dr McGregor, TX 76657
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