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Property profile & analytics
OFF-MARKET
Land

6 Ac On Park St Nacogdoches, TX 75965

6.15 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 6.151-acre commercial land parcel presents a remarkable investment opportunity in Nacogdoches, Texas. Located at the southwest corner of Park Street and Martinsville Street, this property boasts an unbeatable location less than half a mile from N University Drive and just one block from a Walmart Neighborhood Market. The site is surrounded by dense residential development, providing immediate access to a substantial consumer base. Its proximity to Stephen F. Austin State University (with an enrollment of 11,946 students in Fall 2022) further enhances its appeal. The R-4 zoning allows for the development of up to 29 multi-family units per acre, unlocking significant potential for high-density residential construction. The asking price is $425,000, translating to a land value of $1.59 per square foot. The property's APN is 63883. This prime location and flexible zoning make this a truly exceptional opportunity for developers seeking to capitalize on the strong demand for housing in this thriving area of Nacogdoches. The property is situated in Nacogdoches County, Texas, with a 75965 zip code. This is a rare chance to acquire a large, well-located parcel in a rapidly growing market.

Property profile
Verified
Property type Land
Lot 6.15 ac (267,938 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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