Groom, TX 79039
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.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.