0 Hwy 82 Reno, TX 75462
This 1.11-acre commercial land parcel presents a unique investment opportunity in Reno, Texas. Located on Highway 82 East, the property boasts significant road frontage, offering excellent visibility and accessibility for potential businesses. The high daily traffic count on Highway 82, combined with additional frontage on Mt. Olive Road, makes this site ideal for retail development. The property's location just outside of Reno, TX provides access to a growing community while maintaining a strategic position along a major thoroughfare. With its substantial size and prime location, this land offers developers the chance to create a thriving commercial venture. The asking price is $210,000. The property is zoned for commercial use (verification of zoning with local authorities is recommended). This is a rare opportunity to acquire a well-situated commercial lot with significant development potential in a desirable location. Serious inquiries are encouraged. The property address is Hwy 82 E, Reno, TX 75462. Lamar County is the county of location.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.