0 I-35 Abbott, TX 76621
This exceptional 40.188-acre commercial land parcel presents a remarkable development opportunity in the rapidly growing Abbott, Texas area. Boasting prime road frontage on I-35 and its service road, this highly visible tract benefits from excellent accessibility and exposure to a significant volume of daily traffic. The property's strategic location at a major intersection, near two recently constructed gas stations, underscores its potential for substantial returns. The land is currently under agricultural exemption. Offering three sides of road frontage, this property allows for flexible development plans, including the possibility of subdivision. Its proximity to key regional centers further enhances its appeal: approximately 8 miles from Hillsboro, 25 miles from Waco, and 65-70 miles from the Dallas-Fort Worth metroplex. The asking price is $2,625,900, with a land value of $1.50 per square foot. The property's APN is 108792 and is located in Hill County, Texas, zip code 76621. This is a rare chance to acquire a strategically located, sizable tract of land with significant development potential in a thriving Texas market. Don't miss this opportunity to capitalize on the growth and visibility offered by this exceptional I-35 location.
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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Risks
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