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Property profile & analytics
OFF-MARKET
Land

0 Tbd Downe Rd Justin, TX 76247

Property ID
Property summary
AI-generated overview

This exceptional 92-acre property presents a unique investment opportunity in the rapidly growing Justin, Texas area. Located at TBD Downe Road, Justin, TX 76247 (Denton County), this expansive land parcel (4,007,520 sq ft) offers versatile zoning suitable for agricultural, commercial, and residential development. The property is outside city limits, however, the City of Justin is open to annexation, provided there are no conflicting ETJ or boundary issues. Utilities are readily available at the road, with capacity dependent on the intended use. Existing infrastructure includes an 8" PVC line and a 10" PVC line for sewer, and an 8" PVC line for water. The Town of Northlake provides water and sewer connections. The city welcomes various commercial ventures, particularly retail, general commercial, and mixed-use developments. Detailed zoning information can be found in the Justin, TX Code of Ordinances, Article II, Uses. This prime location and substantial acreage make this a compelling investment for developers seeking a strategic foothold in a thriving Texas market. The asking price for this exceptional property is $10,000,000.

Property profile
Verified
Property type Land
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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