1513 Us-377 Bus Pilot Point, TX 76258
This exceptional 9.148-acre commercial land parcel is strategically located on US Highway 377 in Pilot Point, Texas, within Denton County (zip code 76258). Currently enjoying agricultural exemption, this property presents significant future commercial development potential. Situated approximately 0.5 miles south of Midway Church, the land features a double fence and is readily accessible from the highway. Pilot Point is experiencing rapid population growth, projected to double within the next five years, fueled by the development of numerous master-planned communities. The US 377 highway expansion is complete, highlighting the area's robust infrastructure development. While the listing photo shows two parcels, this offering focuses solely on the smaller, southern parcel. Note that comparable retail land in the area is currently valued at $20 per square foot. This property offers a unique opportunity to capitalize on Pilot Point's explosive growth and prime highway frontage. The property's address is 1513 US-377 BUS.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.