Property profile

0 Mcgregor Dr McGregor, TX 76657

OFF-MARKET
Land
1.01 ac lot
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Property summary

AI-generated overview

This exceptional 1.01-acre commercial land parcel presents a remarkable investment opportunity in the thriving town of McGregor, Texas. Located on W McGregor Drive, this property boasts excellent visibility from a major highway, ensuring high traffic exposure for any future development. The zoning is designated GC, allowing for a variety of commercial uses. Its strategic location offers easy access to downtown McGregor and is conveniently situated less than 20 miles from the bustling city of Waco. The property's proximity to major businesses and amenities further enhances its appeal. Nearby establishments include Space-X, Brookshire Brothers grocery store, Dairy Queen, O'Reilly Auto Parts, Dollar General, and Subway, providing a strong existing commercial infrastructure and a substantial customer base. This prime location offers significant potential for a wide range of commercial ventures, making it an ideal investment for entrepreneurs and developers seeking a high-visibility site in a growing Texas community. The asking price for this exceptional property is $195,000. The lot size is precisely 1.01 acres, providing ample space for development. This is a rare opportunity to acquire a well-positioned commercial lot in a rapidly developing area. Don't miss out on this chance to secure a piece of McGregor's vibrant commercial landscape.

Property profile

Verified
Property type Land
Lot 1.01 ac (43,996 SF)

Cap rate & NOI

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

Location

Mcgregor Dr 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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