Property profile

Hwy 84 Hwy McGregor, TX 76657

OFF-MARKET
Office Spaces
15.9 ac lot Built 2013
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Property summary

AI-generated overview

This exceptional 15.9-acre commercial property in McGregor, TX, presents a unique investment opportunity. Boasting approximately 140 feet of frontage along heavily trafficked US Highway 84, this land enjoys significant visibility to over 17,600 vehicles daily (based on 2022 TxDOT projections). The property includes existing improvements totaling 1,341 square feet, built in 2013. Its flexible zoning allows for both residential (R-10: Single Family Residential) and general commercial (GC: General Commercial) development, opening doors to a wide range of possibilities. The expansive acreage (692,604 square feet) offers ample space for a variety of projects, from large-scale commercial ventures to a substantial residential development. The strategic location and high traffic count make this property ideal for businesses seeking maximum exposure and accessibility. This is a rare chance to acquire a significant parcel of land with exceptional versatility and high visibility in a growing area. The existing improvements provide a solid foundation for immediate use or potential redevelopment. Don't miss this chance to capitalize on the potential of this prime commercial real estate. The property is located at W Highway 84 Highway Unit 31589, McGregor, TX. The asking price is $549,900.

Property profile

Verified
Property type Office Spaces
Year built 2013
Lot 15.9 ac (692,604 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Hwy 84 Hwy McGregor, TX 76657
McGregor metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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