IH-20 And Crk 204 Lk Lake Colorado City, TX 79512
This exceptional 10-acre commercial land parcel presents a unique investment opportunity in Colorado City, Texas. Strategically located at the intersection of IH-20 and CR 204, this property boasts high visibility and convenient access to major transportation routes. The land is comprised of two contiguous sites, totaling 10 acres, situated on the south service road of IH-20. This prime location offers significant potential for a variety of commercial developments, benefiting from its proximity to the city's downtown area while maintaining easy access to the interstate. The property's expansive size allows for flexibility in development plans, accommodating large-scale projects or the potential for subdivision into smaller lots. Detailed site surveys and environmental reports are available upon request. This is an ideal location for businesses seeking high visibility and convenient access to a major transportation artery. The property's location in Colorado City, Texas, offers a growing market with opportunities for various commercial ventures. This is a rare opportunity to acquire a substantial commercial land parcel in a strategic location with excellent growth potential. The address is IH-20 and CR 204, Colorado City, TX 79512, within Mitchell County. The zip code is 79512.
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.