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Property profile & analytics
OFF-MARKET
Land

0 Fm 407 Justin, TX 76247

382 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 382-acre property in Denton County, Texas, presents a remarkable investment opportunity. Situated along the rapidly developing FM 407 and 156 corridor in Justin, TX, this land boasts direct access to FM 407 and an estimated 150 acres of buildable land. The property's location within the FM 407 realignment project offers the potential for a curb cut onto the new roadway. A CLOMR/LOMR survey will be required to determine the precise net acreage. Zoned ETJ, this versatile land is suitable for various uses, including residential development, given its proximity to the Texas Motor Speedway and the amenities of Justin's charming downtown area. The high traffic volume on FM 407 (averaging over 11,000 vehicles per day) further enhances its investment appeal. Sewer and water are available. All information should be independently verified by the buyer.

Property profile
Verified
Property type Land
Lot 382 ac (16,639,920 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
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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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