3 Fm 1173 Denton, TX 76249
This exceptional 1.07-acre commercial land parcel presents a remarkable investment opportunity in the thriving town of Krum, Texas. Located on Lot 3 FM 1173, this property boasts convenient access to key transportation routes, making it ideal for a variety of commercial ventures. The site is situated within Denton County, offering a desirable location with strong growth potential. A key advantage is the availability of city water and city sewer services directly on the property, significantly reducing development costs and complexities. This eliminates the need for costly infrastructure installations, streamlining the development process and accelerating the timeline for project completion. The property's 1.07-acre size provides ample space for a range of commercial developments, from smaller retail spaces to larger-scale projects. Prospective buyers are encouraged to conduct their own due diligence and verify all information independently. This property is offered at an attractive asking price of $500,000, representing a compelling value proposition in the current market. Don't miss this chance to secure a prime commercial lot in a rapidly growing area. The property's address is Lot 3 FM 1173, Krum, TX 76249.
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.
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.