Property profile

0 Tbd Sims Dr Whitney, TX 76692

OFF-MARKET
Land
19.58 ac lot
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Property summary

AI-generated overview

This exceptional 19.58-acre commercial land parcel presents a unique investment opportunity in Whitney, Texas. Strategically located in Hill County, with easy access from Highway 22 South via HCR 2122 LP, this property offers significant potential for diverse development. The land is conveniently divided into two tracts by an existing road, providing flexibility for various projects. One tract encompasses 6.904 acres, while the other comprises 12.676 acres. This allows for either separate development or a cohesive, larger-scale project. The asking price is $699,000, translating to a land value of $35,699.69 per square foot. A key advantage is the availability of city water and sewer services, simplifying infrastructure needs and reducing development costs. The property's location near SMR Concrete further enhances its appeal for businesses seeking proximity to related industries. The APN numbers are 377432 and 377433. Zoned for commercial use, this property is also suitable for residential development, offering a versatile platform for investors seeking high-return potential in a growing Texas market. The address is listed as TBD Sims Drive, Whitney, TX 76692. This prime location offers excellent visibility and accessibility, making it an ideal choice for a wide range of commercial ventures.

Property profile

Verified
Property type Land
Lot 19.58 ac (852,905 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Tbd Sims Dr Whitney, TX 76692
Whitney metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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