20175 State Highway 155 Flint, TX 75762
This exceptional 1.84-acre commercial lot in Flint, Texas, presents a remarkable investment opportunity. Located at 20175 State Hwy 155, this level parcel boasts significant highway frontage of approximately 233 feet, offering unparalleled visibility and accessibility. The property is conveniently situated in Smith County, Texas, zip code 75762, and is zoned for commercial use. All necessary utilities, including sewer and water, are already in place, simplifying development and reducing upfront costs. The asking price is $1,001,880, translating to a land value of $12.50 per square foot. The lot's dimensions are approximately 233 feet by 337 feet. Potential buyers should note specific deed restrictions prohibiting the construction of convenience stores, grocery stores, gasoline retailers, full-service breakfast restaurants, and drive-thru fast-food burger establishments. This prime location and readily available infrastructure make this property ideal for a variety of commercial ventures, subject to the aforementioned restrictions. The property's strategic positioning along a major highway ensures high traffic volume and excellent exposure for any business. This is a rare opportunity to acquire a well-situated, ready-to-develop commercial lot in a growing Texas market.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.