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    OFF-MARKET
    Land

    0 Tbd Johnson Dr, McGregor, TX 76657

    82 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 82-acre (±) commercial land parcel presents a remarkable development opportunity in the thriving city of McGregor, Texas, and within the Waco extraterritorial jurisdiction (ETJ). The property is strategically located less than half a mile from McGregor's main highway and a grocery store, ensuring convenient access and high visibility. This area has experienced significant recent growth and development, indicating a strong and promising market for future projects. The property is zoned R, offering flexibility for a variety of residential or commercial development plans. The expansive lot size provides ample space for large-scale projects, catering to diverse development needs. Its proximity to essential amenities and its location within a rapidly expanding area make this an unparalleled investment opportunity for developers seeking high-return potential. The address is listed as TBD Johnson Dr, McGregor, TX 76657, with GPS coordinates of 31.4288212 latitude and -97.4166169 longitude. The asking price for this exceptional property is $2,870,000. This is a rare chance to acquire a substantial land holding in a dynamic and rapidly growing Texas market.

    Property profile
    Verified
    Property type Land
    Lot 82 ac (3,571,920 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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    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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