108 Acres Fm 317, McGregor, TX 76657
This exceptional 108+/- acre development tract presents a unique opportunity in the thriving city of McGregor, Texas. Strategically located on FM 317 (Main Street), this expansive property offers unparalleled accessibility and visibility. The land has already undergone the annexation process into the City of McGregor, streamlining the development timeline. Furthermore, comprehensive development plans have already received approval from the City of McGregor, eliminating significant hurdles often associated with large-scale projects. This significantly reduces the time and resources required to commence construction. The 108 acres provide ample space for a diverse range of development possibilities, catering to various needs and visions. Its prime location within McGregor ensures easy access to essential amenities, transportation routes, and a growing community. This property is ideal for developers seeking a turnkey project with pre-approved plans, minimizing risk and maximizing potential returns. The substantial acreage allows for flexibility in design and scale, making it suitable for a variety of commercial, residential, or mixed-use developments. With its strategic location, approved plans, and substantial size, this property represents a compelling investment opportunity in a rapidly expanding Texas market. McLennan County location and 76657 zip code.
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
Similar Nearby for Lease
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.