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Property profile & analytics
OFF-MARKET
Land

0 Us-183 Florence, TX 76527

89 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 89-acre property presents a unique investment opportunity in the rapidly expanding Florence, Texas market. Situated along Highway 183, this land boasts approximately half a mile of highway frontage, providing unparalleled accessibility and visibility. The property's location offers a strategic advantage, being a short drive from Austin and just north of Liberty Hill, placing it within one of the fastest-growing areas in the state. Currently zoned for agricultural use (Ag), this versatile land parcel offers significant potential for diverse development projects. The surrounding area is experiencing substantial growth, with the addition of new single-family residential communities, retail establishments, and other commercial ventures. The proximity to excellent schools further enhances the appeal of this location. The asking price for this expansive tract is $5,780,000. This presents a rare chance to acquire a substantial land holding in a high-growth corridor with excellent access to major transportation routes. The property's size and location make it ideal for a variety of commercial, industrial, or residential developments.

Property profile
Verified
Property type Land
Lot 89 ac (3,876,840 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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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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