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Property profile

0 Tbd Jc Ln Pilot Point, TX 76258

OFF-MARKET
Land
3.93 ac lot
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Property summary

AI-generated overview

This exceptional 3.93-acre commercial land parcel presents a prime development opportunity in the rapidly expanding city of Pilot Point, Texas. Located on Highway 377, this site boasts over 194 feet of highway frontage, ensuring maximum visibility for your business with over 12,000 vehicles passing daily. The property is zoned for Light Industrial use and offers immediate access to essential utilities including water, sewer, and electricity. Its strategic location provides convenient access to major roadways such as FM 455 (1.5 miles), the DNT Extension (8.4 miles), and Highway 380 (14 miles). The site's adjacency to established businesses like Chandler Cabinets and proximity to D.R. Horton's new 380-homesite community in Pilot Point further enhances its appeal. Current plans for the site include a 4-building, 32-unit office-warehouse complex, each unit measuring 1,512 square feet, featuring overflow parking and 12' x 50' unloading docks. This property represents a unique chance to capitalize on Pilot Point's projected population growth to 72,000 in the coming decades, with the added benefit of Highway 377 widening increasing visibility. The asking price is $995,000, with a land value of $5.81 per square foot. The APN is 385546. This is a truly exceptional opportunity for businesses seeking high visibility and convenient access in a thriving Texas market. The total gross square footage is 171,234.

Property profile

Verified
Property type Land
Lot 3.93 ac (171,234 SF)

Cap rate & NOI

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

Location

Tbd Jc Ln Pilot Point, TX 76258
Pilot Point metro
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Value estimations

Realmo proprietary · 4 methods
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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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