2621 Fm 2931 Krugerville, TX 76227
This exceptional 7.93-acre commercial land parcel presents a remarkable investment opportunity in the thriving Aubrey, Texas market. Strategically located on FM 2931, this property boasts a prime location surrounded by significant residential development, including Liberty at Providence Village (approximately 197 lots), Silverado by D.R. Horton (approximately 2,928 lots), and Providence (approximately 2,348 lots), ensuring a robust and expanding customer base. The property is divided into two tracts: a northern tract of 5.31 acres and a southern tract of 2.62 acres, offering flexibility for development. The B-2 zoning allows for a wide range of commercial uses, making it ideal for retail, restaurants, or other commercial ventures. FM 2931 is undergoing expansion to six lanes, promising enhanced accessibility and visibility. This property's location in Denton County, Texas, zip code 76227, offers easy access to US-380, further enhancing its strategic value. The high-growth residential areas surrounding the property guarantee a strong potential for return on investment. This is a rare opportunity to acquire a substantial commercial land parcel in a rapidly developing area. Contact us for pricing and additional information.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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