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Property profile & analytics
OFF-MARKET
Land

644 Hwy 107 Hwy Elsa, TX 78543

5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.003-acre commercial land parcel presents a remarkable investment opportunity in the rapidly expanding city of Elsa, Texas. Strategically located on Highway 107, this property boasts significant frontage, ensuring high visibility and accessibility for any commercial venture. The site's expansive acreage offers ample space for a diverse range of development projects, including but not limited to shopping centers, office complexes, fast-food restaurants, gas stations, or mixed-use developments. The property's potential is further enhanced by its approved annexation into the City of Elsa, streamlining the development process and providing access to municipal services. This area is experiencing a surge in both residential and commercial growth, creating a highly desirable location with strong potential for future appreciation. The asking price for this prime commercial land is $525,000. Given the current market trends and the property's advantageous location and size, this represents a compelling investment opportunity for developers and investors seeking a foothold in a thriving Texas market. The property is zoned for commercial use and is ready for immediate development. Don't miss this chance to capitalize on the significant growth potential of this exceptional site. Contact us today to learn more.

Property profile
Verified
Property type Land
Lot 5 ac (217,931 SF)
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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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