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Property profile & analytics
OFF-MARKET
Land

0 Tbd Hwy 36 Hwy Wallis, TX 77485

1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional one-acre commercial land parcel is strategically located on Highway 36, just outside the Wallis city limits in Austin County, Texas. Priced at $112,000, this property presents a unique opportunity for investors and developers. The lot is conveniently situated between 12543 and 12641 Highway 36, offering excellent visibility and accessibility. Currently used for cattle grazing and benefiting from agricultural property tax valuation, the land is fenced on three sides. Potential buyers should note that the property requires the installation of a culvert and driveway, as per Texas Department of Transportation (TXDOT) regulations. A survey will also be necessary for the buyer. Access to the property is possible by crossing the adjacent ditch. The property's APN is R000011973, and its zip code is 77485. This location offers significant potential for various commercial ventures, given its high-traffic highway frontage. The property's size and location make it an attractive investment opportunity in a growing area. Serious inquiries are encouraged to explore the possibilities of this versatile commercial land.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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