Tbd Fm-2115 Salado, TX 76571
- Commercial real estate
- 50.34 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Tbd Fm-2115
- Lot size
- 50.34 lot acres
- Property type
- Commercial real estate
Description
This exceptional investment opportunity encompasses a diverse 34-property portfolio spanning 50.34 acres across prime locations in Salado and Rogers, Texas. The portfolio includes 16.5 acres and an additional 2.43 acres in Salado, offering significant development potential. A substantial 8-acre parcel in Rogers is also included, readily divisible into five half-acre plots, perfectly suited for a residential subdivision. This presents a unique chance to develop a thriving residential community. Adding to its appeal, the portfolio comes complete with approved plans for an apartment building, streamlining the development process and minimizing pre-construction delays. This pre-approved plan significantly reduces the time and effort required to begin construction, making this an attractive proposition for developers seeking a quick start. The flexibility of this portfolio allows for various investment strategies. Investors can choose to purchase the entire portfolio for $2,500,000 or explore the possibility of acquiring smaller, more manageable parcels, tailoring the investment to individual needs and budgets. This adaptable investment opportunity offers multiple avenues for growth and significant returns, making it an ideal choice for both seasoned investors and those seeking a high-potential venture. The strategic location and diverse components of this portfolio make it a truly unique and compelling investment proposition.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salado
- County
- Bell
- State
- Texas
- Longitude
- -97.5483
- Latitude
- 30.9484