Property profile

10790 Co Rd Blue Ridge, TX 75424

OFF-MARKET
Land
44.79 ac lot
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Property summary

AI-generated overview

This exceptional 44.79-acre commercial property in Collin County, Texas, presents a unique investment opportunity. Located at 10790 Co Rd 670, Blue Ridge, TX 75424, this land boasts a diverse landscape including hay meadows and four ponds. The property benefits from its proximity to FM 981, a major east-west thoroughfare in Blue Ridge. Significant improvements include a 2,280 sq ft manufactured home (currently leased and built in 2003), and three metal buildings totaling 8,700 sq ft (built between 2005 and 2007, all on concrete slabs). Water is supplied by Frognot W.S.C. The property is zoned Ag, with an Ag tax exemption on all but one acre. An Ag lease is currently in place. Importantly, the Collin County Outer Loop Segment 5, approved in 2006, is projected to bisect this property, offering substantial future development potential. The property is situated just outside the extraterritorial jurisdiction (ETJ) of Blue Ridge, ensuring convenient access to the city while maintaining its rural character. The Blue Ridge Independent School District serves the area. This property offers a compelling blend of existing income potential and significant long-term growth prospects.

Property profile

Verified
Property type Land
Lot 44.79 ac (1,951,052 SF)

Cap rate & NOI

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

Location

10790 Co Rd Blue Ridge, TX 75424
Blue Ridge metro
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Value estimations

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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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