0 I-35 Devine, TX 78016
This exceptional 21.58-acre commercial land parcel presents a remarkable investment opportunity along I-35 in Devine, Texas, zip code 78016, Medina County. Strategically located near the intersection of I-35 and TX-173, this property boasts over 2,150 feet of frontage on I-35, ensuring high visibility and accessibility. Daily traffic counts on I-35 average approximately 30,000 vehicles, providing significant exposure for any commercial development. The property's zoning allows for a wide range of commercial uses, making it ideal for various businesses. Its proximity to a Walmart, restaurants, and residential areas further enhances its appeal. The site already features an existing billboard, adding to its marketing potential. The highest and best use is projected to be in auto retail, industrial distribution, or service industries. This property is ready for immediate development and offers significant potential for substantial returns. The asking price is $1,126,000. Contact for details.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.