6 And Crk 255 Reagan, TX 76680
This exceptional 10-acre property presents a remarkable investment opportunity in Reagan, Texas. Strategically situated at the southeast corner of the intersection of State Highway 6 and CR 255 in Falls County, this undeveloped land boasts 750 feet of frontage along the four-lane State Highway 6 and 300 feet along CR 255. State Highway 6, a major north-south artery with a posted speed of 75 mph, features a median and designated left-turn lanes at the intersection. CR 255, a two-lane road, creates a "T" intersection with Highway 6. The property offers unrestricted visibility from all approaches, making it ideal for commercial development. Two driveways, one on Highway 6 and one on CR 255, provide convenient site access. The property's location between College Station and Waco adds to its appeal. The designated address is 150-308 CR 255, Reagan, Texas 76680. This prime location, combined with its size and accessibility, makes it an attractive prospect for various commercial ventures. The asking price is $990,000.
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
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.