644 Hwy 107 Hwy Elsa, TX 78543
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.
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
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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.