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Property profile & analytics
OFF-MARKET
Land

& I-35 Hewitt Dr Hewitt, TX 76643

29 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial land offering encompasses approximately 29 acres of prime real estate in Hewitt, Texas. Strategically positioned near the intersection of South Hewitt Drive and Interstate 35E, this property boasts unparalleled visibility and accessibility. The location offers three distinct land tracts, presenting a unique opportunity for various development projects. The area is experiencing significant growth, with a future grocery store planned nearby, further enhancing the property's value and appeal. The site's proximity to I-35E ensures convenient access to major transportation routes, making it an ideal location for businesses seeking high exposure and strong connectivity. The existing and expanding residential base in the surrounding suburban area provides a substantial customer base for retail, medical, and other commercial ventures. This property is well-suited for a wide range of uses, including retail, medical facilities, residential development, and industrial applications. The excellent visibility from South Hewitt Drive and the high traffic volume on I-35E guarantee significant exposure for any development. This is a rare opportunity to acquire a large parcel of land in a rapidly growing area with exceptional visibility and access to major transportation arteries. The three available tracts offer flexibility for various development scenarios, catering to diverse business needs and investment strategies. The potential for substantial return on investment is significant, given the location's prime characteristics and the ongoing development within the surrounding community. This property presents a compelling investment opportunity for developers and businesses seeking a high-impact location in a thriving Texas market. The zip code is 76643, and the property is located in McLennan County.

Property profile
Verified
Property type Land
Lot 29 ac (1,263,240 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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