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Property profile & analytics
OFF-MARKET
Land

0 Fm 908 Rockdale, TX 76567

389 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 389-acre commercial land parcel presents a unique investment opportunity in Milam County, Texas. Located just outside Rockdale, this property boasts excellent access via paved FM 908 and CR 318, with two DOT-approved entrance points off FM 908. Its strategic location offers proximity to major transportation arteries, including Highway 77 (less than 1/8 mile) and Highway 79 (a few miles away), as well as a local airport directly across the road. The property is primarily open land with scattered wooded areas and several wet-weather creeks, providing numerous potential building sites. Significant infrastructure is already in place, including over 7200 feet of usable gravel roads built by the current owner. The land is fully fenced and benefits from an agricultural exemption, resulting in low holding costs. Situated within the Rockdale ETJ, it's conveniently close to city utilities. This location offers easy access to Austin, Temple/Belton, and Bryan/College Station (under an hour), and is approximately 2.5 hours from San Antonio, DFW, and Houston. The property's proximity to the Samsung plant in Taylor (approximately 30 minutes away) and the 32,000-acre Sandow Lakes property further enhances its appeal. This versatile land is ideal for various development projects, industrial uses, or continued ranching operations. Asking price is $8,752,500.

Property profile
Verified
Property type Land
Lot 389 ac (16,944,840 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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