0 Tbd Hwy 36 Hwy Wallis, TX 77485
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.
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
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.