101-37 Sotol Ln Del Rio, TX 78840
This exceptional 2.41-acre commercial lot presents a unique investment opportunity in the highly desirable Springs of Cordillera Ranch, located in Del Rio, Texas, zip code 78840. Situated at 101-37 Sotol Ln, Val Verde County, this property boasts breathtaking, unobstructed views of the Twin Sisters in Blanco County. The land is part of a secure, gated community, providing residents with enhanced privacy and security. A significant advantage for potential developers is that a topographical survey has already been completed, streamlining the planning and construction process. The asking price for this remarkable parcel is $450,000. Its expansive size and prime location within a prestigious gated community make it ideal for a variety of commercial ventures. The property's coordinates are 29.6208361 latitude and -100.9349096 longitude. This is a rare opportunity to acquire a substantial commercial lot in a sought-after Texas location with stunning natural surroundings and the convenience of a secure community. The property is classified as commercial land and is ready for development. Serious inquiries are encouraged.
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
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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.