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Property profile & analytics
OFF-MARKET
Land

645 Blassingame Ave Van Alstyne, TX 75495

11.45 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 11.449-acre commercial land parcel presents a unique investment opportunity in the thriving Van Alstyne, Texas market. Strategically located on Blassingame Ave in Grayson County, zip code 75495, this property offers unparalleled visibility from Highway 75, boasting impressive daily traffic counts of 42,484 vehicles. Its prime location ensures excellent accessibility and exposure for any development. The site is perfectly suited for a variety of uses, including retail, office, or medical facilities, making it an ideal build-to-suit or ground lease opportunity. The surrounding area is experiencing significant growth, with established national retailers such as Dollar General, Sonic, and Anytime Fitness nearby, further enhancing the property's appeal. The high traffic counts on both Highway 75 and Van Alstyne Parkway (8,490 VPD) guarantee a consistent flow of potential customers. This property represents a compelling investment in a dynamic and expanding market, offering significant potential for long-term growth and return. The property's versatility and strategic location make it an exceptional opportunity for developers and investors seeking a high-impact commercial development site. Don't miss this chance to secure a prominent position in a rapidly developing Texas community.

Property profile
Verified
Property type Land
Lot 11.45 ac (498,718 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
Current use
Occupant on record · Public records
  • Warpaint Project Inc Artist Service Establishment
  • Tio migue Apartment Building
  • The Flats at Van Alstyne Apartment Building Apartment Complex
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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