0 Audie Murphy Pkwy Farmersville, TX 75442
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.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.