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Property profile & analytics
OFF-MARKET
Land

704 Grand Ave Whitewright, TX 75491

25.12 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 25.12-acre property in Whitewright, Texas (Grayson County, zip code 75491), presents a unique investment opportunity. Currently zoned Agricultural A, this land boasts no deed restrictions or easements, simplifying the acquisition process. Located at 704 E Grand Ave, the property is strategically situated amidst thriving residential areas and multi-family developments, suggesting significant potential for future development. Comprehensive city ordinances and surveys are available for review. The Whitewright city government is receptive to replat requests, specific use permits, and zoning adjustments, streamlining the approval process for innovative projects. Access to essential city utilities further enhances the property's appeal for diverse commercial ventures. This versatile land offers a compelling chance to capitalize on the area's growth trajectory and unlock substantial development opportunities. The asking price is $1,250,000, and the property is offered with 100% ownership.

Property profile
Verified
Property type Land
Lot 25.12 ac (1,094,227 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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