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Property profile & analytics
OFF-MARKET
Land

0 Wasson Dr Big Spring, TX 79720

10.98 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 10.98 ac (478,332 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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