156 & Martin Rnch Rd Justin, TX 76247
This exceptional 9-acre parcel presents a remarkable opportunity for retail development in the rapidly growing Justin, Texas market. Located at the prominent intersection of FM 156 and Martin Ranch Road in Denton County, this property boasts a highly desirable location with excellent visibility and accessibility. The site is zoned for Fort Worth ETJ Future Land Use: General Commercial, providing flexibility for a variety of retail uses. The substantial lot size offers ample space for a large-scale shopping center or other commercial development. High traffic counts further enhance the property's appeal, with SH 114 registering 22,665 vehicles per day and FM 156 recording 8,586 vehicles per day. Water utilities are available, simplifying the development process. This prime location in the thriving Justin area, combined with its advantageous zoning and high traffic volume, makes this 9-acre parcel an exceptional investment opportunity for discerning developers seeking to capitalize on the region's robust growth. The property's address is FM 156 & Martin Ranch Rd, Justin, TX 76247. This is a rare chance to acquire a significant land holding in a dynamic commercial corridor. The zip code is 76247.
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
Similar Nearby for Lease
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.