183 Us Hwy Briggs, TX 78608
This exceptional 110-acre property in Briggs, TX, offers significant commercial development potential. Located just south of Briggs city limits and across Hwy 183, it boasts approximately 2,872 feet of Hwy 183 frontage and 3,243 feet of paved CR 210 frontage. The property includes a 3,243 square foot industrial building, and benefits from an agricultural exemption resulting in low property taxes. There are no restrictions on the land, making it ideal for a variety of commercial uses or as a buy-and-hold investment. Firefly Aerospace Inc. is a neighboring property. The asking price is $5,100,000, translating to $1,572.62 per square foot. Prospective buyers are strongly encouraged to independently verify all information and seek professional advice before making a purchase decision. Please note that Texas properties are subject to various natural and man-made influences, including weather events, environmental concerns, and potential issues related to disease, invasive species, and neighboring properties. Thorough due diligence is recommended.
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
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.