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Property profile & analytics
OFF-MARKET
Land

0 Audie Murphy Pkwy Farmersville, TX 75442

27 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 27-28 acre commercial land parcel presents a unique mixed-use development opportunity in the rapidly expanding Farmersville, Texas, a suburb within the Dallas MSA. Located at 2144 W Audie Murphy Parkway, Farmersville, TX 75442, in Collin County, this property boasts excellent visibility and accessibility with frontage on Highway 380, experiencing a daily traffic count of 22,923 vehicles. Its strategic location adjacent to the newly opened Collin Community College ensures high foot traffic and a strong potential customer base. The site is zoned for mixed-use development, allowing for a wide range of possibilities, including retail spaces, medical/office condos, a hotel, a micro-hospital, or educational facilities such as a Montessori school or daycare. Utilities are readily available, with water and electricity on-site and sewer lines conveniently located nearby. The property is not located in a flood zone and benefits from the construction of approximately 400 multifamily units directly behind it, further enhancing its desirability and potential for growth. The City of Farmersville offers attractive subsidies for developers of this site. The land is available for sale as a whole or can be subdivided to accommodate various development plans. Pricing is available upon request. This is a truly exceptional opportunity to capitalize on the thriving Farmersville market.

Property profile
Verified
Property type Land
Lot 27 ac (1,176,120 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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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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