Property profile

& Lot Mcgregor Dr McGregor, TX 76657

OFF-MARKET
Land
0.79 ac lot
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Property summary

AI-generated overview

This exceptional 0.785-acre commercial land parcel presents a unique investment opportunity in McGregor, Texas. Strategically located along Highway 84, just off Main Street, this highly visible lot boasts excellent accessibility and is ideally positioned within the city's growth trajectory. The property is zoned for commercial use, making it suitable for a variety of development projects. Its prominent location ensures high visibility for any future business. City utilities are readily available, simplifying the development process and reducing infrastructure costs. The 0.785 acres offer ample space for construction, allowing for flexibility in design and functionality. This prime location, combined with its commercial zoning and convenient access to Highway 84, makes this property an attractive prospect for entrepreneurs and investors seeking a strong foothold in a growing Texas market. The readily available city utilities further enhance the appeal and practicality of this development opportunity. Don't miss this chance to acquire a highly visible and conveniently located commercial lot in McGregor, Texas. The asking price is $175,000.

Property profile

Verified
Property type Land
Lot 0.79 ac (34,195 SF)

Cap rate & NOI

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

Location

& Lot Mcgregor Dr McGregor, TX 76657
McGregor metro
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Value estimations

Realmo proprietary · 4 methods
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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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