0 Wasson Dr Big Spring, TX 79720
This exceptional 10.98-acre commercial land parcel in Big Spring, Texas, presents a remarkable development opportunity. Located at the intersection of N Wasson Dr and Randolph Blvd, this recently cleared lot boasts convenient access to city water and sewer. Its prime location offers amazing views and significant potential for various commercial ventures. The property is zoned for multi-family use with a special use permit already in place, allowing for the development of an RV park, a project currently under consideration by the owners. Big Spring's thriving economy, fueled by oil and gas, a gas plant, solar fields, wind turbines, and sand mines, creates a robust market for new commercial developments. The property's proximity to a 7-Eleven convenience store and a nearby lake further enhances its appeal. This is an ideal investment for developers seeking to capitalize on Big Spring's dynamic growth and diverse business landscape. The asking price is $799,000. The property is situated in Howard County, Texas, with the zip code 79720. This is a rare opportunity to acquire a large, well-located, and ready-to-develop commercial tract in a booming Texas city.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.