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    OFF-MARKET
    Land

    0 Highway 6, Santa Fe, TX 77510

    6.28 ac lot
    Property ID
    Property summary
    AI-generated overview

    Exceptional 6.28-acre commercial land parcel in Santa Fe, Texas, strategically located at the intersection of Hwy 6 and FM 1764. This prime development tract offers significant potential for a variety of uses, including hotels, retail, restaurants, fast food establishments, entertainment venues, multi-family housing, or office complexes. The property is part of a larger development already featuring a CVS, Chicken Express, and Sonic, ensuring high visibility and established infrastructure. Existing detention is in place for the entire 6.28-acre tract, simplifying development. Access is readily available from both Hwy 6 and 3rd Street, providing convenient ingress and egress. Cross easements with the adjacent CVS and Chicken Express further enhance accessibility and utility. The property boasts an impressive 596 feet of frontage along Hwy 776, maximizing exposure to high traffic volume. The seller is open to offers for the entire 6.28-acre parcel, but will consider all proposals. This is a rare opportunity to acquire a well-positioned commercial land tract in a thriving Texas community. The property is zoned for commercial use and is ready for immediate development. This location offers excellent visibility and accessibility, making it an ideal investment for developers seeking a high-return opportunity. The asking price is $2,997,000.

    Property profile
    Verified
    Property type Land
    Lot 6.28 ac (273,557 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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