4215 Tbd County Rd Mount Pleasant, TX 75455
This exceptional 5.3-acre commercial lot is located in Mount Pleasant, Texas, within the desirable Hidden Lake Subdivision and the Chapel Hill ISD. Zoned for residential use, this property presents a unique opportunity for developers seeking a versatile location. The lot offers ample space for various commercial ventures, benefiting from its proximity to downtown Mount Pleasant, schools, and shopping areas. Convenient access to water and electric utilities is already in place, simplifying the development process. The property's address is TBD County Road 4215, Mount Pleasant, TX 75455. Located at latitude 33.1512932 and longitude -94.9682836, this parcel is priced at $200,000. While currently zoned residential, its size and location make it highly attractive for commercial redevelopment. The seller is offering a virtual tour for prospective buyers to explore the property's potential. This is an excellent opportunity to acquire a significant land parcel in a thriving Texas community. Don't miss out on this chance to build your commercial vision in a prime 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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.