Property profile

108 Acres Fm 317 McGregor, TX 76657

OFF-MARKET
Land
108 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 108 ac (4,704,480 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

108 Acres Fm 317 McGregor, TX 76657
McGregor metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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