Property profile

653 Crk Farmersville, TX 75442

OFF-MARKET
Commercial real estate
16.57 ac lot
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Property summary

AI-generated overview

This exceptional 16.57-acre commercial land parcel presents a unique investment opportunity in the thriving Farmersville, TX market. Strategically located just one block from Highway 380, this property boasts unparalleled accessibility and visibility. The land offers three convenient entry points, facilitating efficient site planning and development for a variety of commercial uses. Surrounding the property is a mix of established residential areas and a growing number of new commercial developments, creating a dynamic and desirable location for businesses. The recent addition of a brand-new RV park further enhances the area's appeal and potential for increased traffic and customer base. The property's size and location make it ideal for a wide range of commercial ventures, from retail and restaurants to light industrial and office spaces. This is a rare chance to acquire a substantial land holding in a rapidly expanding area with high growth potential. The property's proximity to Highway 380 ensures excellent connectivity to major transportation routes, making it an attractive location for businesses seeking convenient access to a wider customer base. Given the current development trends in the surrounding area, this property represents a significant investment opportunity with substantial future upside. Interested parties are encouraged to review the provided virtual tour for a comprehensive visual overview of the land and its surroundings. This is a prime opportunity to establish a successful commercial enterprise in a vibrant and growing community.

Property profile

Verified
Property type Commercial real estate
Lot 16.57 ac (721,789 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

653 Crk Farmersville, TX 75442
Farmersville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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