0 Fm 407 Justin, TX 76247
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.
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.