Gun Range Rd Somerville, TX 77879
This exceptional 10-acre commercial property presents a remarkable investment opportunity in Somerville, Texas. Strategically located near the intersection of Highway 36 and Highway 290, this undeveloped land boasts excellent visibility and accessibility. The high-traffic area ensures significant exposure for any future development. Surrounding businesses include motels, restaurants, and gas stations, indicating a thriving commercial environment and strong potential for synergy. The expansive 10-acre parcel offers ample space for a variety of commercial ventures, from retail establishments and office buildings to hospitality projects or light industrial uses. The property's prime location and substantial size make it an ideal canvas for entrepreneurs and investors seeking to capitalize on the area's growth. This is a rare opportunity to acquire a significant piece of land in a rapidly developing commercial corridor. The asking price is $900,000. Serious inquiries are encouraged. Detailed site plans and zoning information are available upon request. Don't miss this chance to secure a prominent position in a bustling commercial hub.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.