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Property profile

996 +/- 10.7 Acres Somerville, TX 77879

OFF-MARKET
Mixed-use properties
1,824 SF 10.72 ac lot Built 2007
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Property summary

AI-generated overview

This exceptional 10.72-acre mixed-use property boasts over 1,200 feet of paved State Highway 60 frontage, offering unparalleled visibility and accessibility. Strategically located in Somerville, Texas, it enjoys a central position between Austin, Houston, and Waco, with convenient proximity to Bryan/College Station and Texas A&M University. Currently utilized for residential and agricultural purposes, this versatile property presents a unique opportunity for commercial development. The existing 1,824 square foot, three-bedroom, two-bathroom home is well-maintained and provides immediate occupancy potential. The property's perimeter and cross fencing enhance its functionality and security. Its prime location, high visibility from Highway 36 eastbound traffic, and proximity to Easterwood Airport and Texas A&M's RELLIS Campus and main campus make it ideally suited for a variety of commercial uses, capitalizing on the area's growing industrial demands. The property is ready for immediate office and residential use, with significant potential for transition to other commercial ventures. This is a rare opportunity to acquire a substantial tract of land with exceptional highway frontage in a rapidly developing area. Priced at $494,500.

Property profile

Verified
Property type Mixed-use properties
Year built 2007
Total area 1,824 SF
Lot 10.72 ac (466,963 SF)

Cap rate & NOI

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

Location

996 +/- 10.7 Acres Somerville, TX 77879
Somerville metro
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Value estimations

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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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