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Property profile & analytics
OFF-MARKET
Commercial real estate

Tbd Cotton Franklin Rd Whitesboro, TX 76245

1.15 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity encompasses two contiguous parcels totaling 2.3 acres of pristine raw land in Whitesboro, Texas. Strategically located between Highway 377 and Cotton Franklin Road, this property offers unparalleled access and visibility. Its advantageous position, just south of Mangrove Estates and east of Cedar Bayou Marina, provides proximity to the recreational amenities of Lake Texoma, including three nearby marinas and the popular Megastar Casino. This prime location is ideal for a diverse range of commercial developments, capitalizing on the high traffic and tourism associated with the lake and casino. The land is currently undeveloped, presenting a blank canvas for creative and lucrative ventures. The sale includes two parcels, identified as 438692 and 438691, offering flexibility and potential for phased development. Situated outside city limits, this property presents a unique opportunity for businesses seeking a location with high visibility and convenient access to major roadways and recreational attractions. The 1.15-acre lot size provides ample space for various commercial uses, making it an attractive investment for both short-term and long-term growth. The asking price is $280,000.

Property profile
Verified
Property type Commercial real estate
Lot 1.15 ac (50,094 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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