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Property profile & analytics
OFF-MARKET
Land

0 Columbus Dr Wharton, TX 77488

Property ID
Property summary
AI-generated overview

This exceptional 2.68-acre (116,740.8 sq ft) land parcel presents a remarkable infill development opportunity in Wharton, Texas, located on Columbus Dr, zip code 77488. The property is ideally situated in a desirable area and offers significant potential for subdivision. Preliminary assessments suggest the possibility of creating up to twelve individual residential lots, although buyers are responsible for verifying all building and development requirements with the relevant authorities. The land itself is flat and requires no demolition, streamlining the development process. This presents a unique chance for builders or developers seeking a readily developable site in a growing community. The asking price for this expansive property is $426,000. The property is zoned for residential use, although specific zoning details are not available. This is a rare opportunity to acquire a substantial land parcel in a convenient location, ready for immediate development. Buyers are urged to conduct their own due diligence to confirm all aspects of the development potential. The property's location offers easy access to local amenities and infrastructure. This is an excellent investment for those seeking a straightforward development project with high potential returns.

Property profile
Verified
Property type Land
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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