6131 Jefferson Blvd Groves, TX 77619
This exceptional .67-acre commercial and residential zoned property, located at 6131 Jefferson Boulevard in Groves, Texas, 77619, presents a unique investment opportunity. Situated in the Central Business District, this lot offers significant potential for various commercial ventures. The property is conveniently located between Lincoln and Main Avenue, providing excellent visibility and accessibility. Priced at $200,000, this land boasts a pre-existing concrete pad, saving on initial development costs. The 0.67-acre size provides ample space for a range of commercial projects, while the dual zoning allows for flexibility in development plans. Jefferson County's thriving business environment and the property's strategic location near downtown Groves make this an attractive proposition for investors seeking a prime commercial development site in a dynamic Texas market. The property's coordinates are 29.947864198251004 latitude and -93.92294044654572 longitude. This is a for sale by owner listing.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.