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Property profile & analytics
OFF-MARKET
Land

183 Us Hwy Briggs, TX 786098

10 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 10-acre commercial land parcel is ideally situated in Briggs, Burnet County, Texas, boasting a desirable flat and square topography. Located just one mile from US Highway 183 and two miles from Firefly Aerospace, this property offers unparalleled accessibility and proximity to key infrastructure. The land is entirely free of trees and situated outside of any floodplain, presenting a significant advantage for development. Its even terrain makes it perfectly suited for a variety of commercial uses, including single-family residential, industrial, or distribution facilities. The asking price is $375,000, translating to a competitive $37,500 per acre. The property's location offers easy access to the terminus of the Highway 183 toll road, further enhancing its logistical appeal. This is a rare opportunity to acquire a sizable, well-located, and readily developable commercial land parcel in a rapidly growing area. The absence of trees and floodplain issues significantly reduces development costs and timelines. This makes it an attractive investment for developers seeking a straightforward and efficient project. The property's proximity to Firefly Aerospace also suggests potential for synergistic development opportunities.

Property profile
Verified
Property type Land
Lot 10 ac (435,600 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
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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