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Property profile & analytics
OFF-MARKET
Commercial real estate

Groom, TX 79039

Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a substantial 0-acre parcel of general commercial land in the thriving town of Groom, Texas. Priced at $1,400,000, this property offers significant potential for a wide range of commercial ventures. The expansive acreage provides ample space for development, allowing for flexibility in design and construction to suit diverse business needs. Its strategic location within Groom ensures high visibility and accessibility, making it an ideal site for attracting customers and clients. The absence of existing structures allows for complete customization, enabling the creation of a property tailored to specific business requirements. This blank canvas presents a unique chance to build a thriving enterprise from the ground up, capitalizing on the growth potential of the Groom market. The property's general commercial zoning allows for a variety of uses, subject to local regulations, providing considerable versatility for prospective investors. This is a rare opportunity to acquire a significant piece of commercial real estate in a dynamic Texas town. Serious inquiries are encouraged to explore the possibilities this property offers. The property is located in Groom, TX. Further details regarding zoning and permitted uses are available upon request.

Property profile
Verified
Property type Commercial real estate
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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