1711 Pr Mico, TX 78056
This exceptional 4-acre commercial lot presents a unique investment opportunity in Mico, Texas. Situated at the north entrance to the prestigious Dancing Bear Ranch subdivision, this property boasts unparalleled visibility and accessibility from FM 1283, ensuring high traffic exposure for any future development. The land itself has already been cleared and features a gentle upward slope away from the road, offering excellent drainage and buildable terrain. The asking price is $199,000. The expansive lot provides ample space for a variety of commercial ventures, from retail establishments and restaurants to office buildings or light industrial uses. Its strategic location near Lake Medina adds to its appeal, offering stunning views and attracting potential customers and employees. The property's hard corner location maximizes visibility and provides easy access for customers. Whether you envision developing the entire parcel or subdividing it for multiple uses, this property offers significant potential for growth and return on investment. The location in Medina County, Texas, offers a desirable blend of rural tranquility and convenient access to major transportation routes. This is a rare opportunity to acquire a prime commercial lot in a rapidly developing area. Serious inquiries are encouraged.
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
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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.