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    OFF-MARKET
    Commercial real estate

    601 Davis St, Chico, TX 76431

    2.49 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.49-acre commercial lot presents a remarkable opportunity in the thriving town of Chico, Texas. Boasting over 200 feet of frontage road, this property enjoys unparalleled visibility and accessibility. Mature shade trees enhance the aesthetic appeal, creating a welcoming and attractive setting for any business venture. The strategic location, just a short distance from Hanson Aggregate Plants, makes it ideally suited for businesses requiring convenient access to transportation routes and heavy equipment. The property's existing utility infrastructure significantly reduces development costs and streamlines the setup process for new businesses. This expansive lot offers ample space for construction of a new shop or other commercial building, providing flexibility for a wide range of business types. The combination of prime location, substantial size, and existing utilities makes this a truly exceptional investment opportunity. Don't miss the chance to secure this highly desirable commercial property

    Property profile
    Verified
    Property type Commercial real estate
    Lot 2.49 ac (108,464 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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