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    930 Lacy Dr Lacy Lakeview, TX 76705

    Sponsored
    For Sale
    $871,200

    4-Acre Highway Commercial Lot, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 4-acre parcel of land, located at 930 Lacy Dr, Lacy Lakeview, TX 76705, presents a prime redevelopment opportunity. Zoned for Highway Commercial use, this property offers unparalleled visibility and accessibility. Situated just minutes from Interstate 35, it benefits from high daily traffic counts exceeding 85,000 vehicles. The lot's size provides ample space for a wide range of commercial developments. The asking price is $871,200, translating to a land value of $5 per square foot. This corner lot ensures maximum exposure from all directions, making it ideal for businesses seeking high visibility and convenient access for customers. McLennan County's thriving economy and strategic location near I-35 make this a compelling investment for developers seeking a high-impact commercial project. The property's Highway Commercial zoning allows for diverse development options, catering to a variety of business needs. This is a rare opportunity to acquire a significant commercial land parcel in a high-traffic area with excellent development potential. Don't miss this chance to capitalize on this exceptional location and build a thriving business.

    Property Features for 930 Lacy Dr

    General Information

    Property type
    Land
    Lot Size
    174,240 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lacy Lakeview
    County
    McLennan
    State
    Texas
    Longitude
    -97.111828
    Latitude
    31.60044716

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    FAQs

    What type of property is this?
    Land - 4-Acre Highway Commercial Lot, High Visibility
    Where is this land located?
    The property is located at 930 Lacy Dr Lacy Lakeview, TX.
    What is the asking price?
    The asking price for this property is $871,200.
    Request Owner's contact information
    930 Lacy Dr Lacy Lakeview, TX 76705
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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
    930 Lacy Dr Lacy Lakeview, TX 76705
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