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Property profile & analytics
OFF-MARKET
Commercial real estate

Tbd State Hwy 6 Hwy Clifton, TX 76634

58.13 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 58.13-acre tract of undeveloped land presents a compelling investment or development opportunity. Strategically located on State Highway 6, on the southern edge of Clifton, Texas, and just 30 miles from downtown Waco, this property boasts significant road frontage. The rectangular shape features over 1,900 feet of frontage along Highway 6 and extends over 1,000 feet in depth. Utilities are readily accessible, with electricity running along the highway frontage. City water and sewer services are also available. The property's current use is improved farmland, benefiting from an ag-exempt status. Adding to its appeal, a pre-existing billboard situated on the southern end generates annual rental income for the landowner. The land is currently unfenced. Railroad tracks run parallel to the rear of the property, and transmission lines are located along the southern boundary and partially along the back. For investors seeking flexibility, the seller is also offering the property subdivided into three parcels ranging from 16 to 26 acres each. This prime location and versatile offering make this a highly attractive prospect.

Property profile
Verified
Property type Commercial real estate
Lot 58.13 ac (2,532,143 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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