996 +/- 10.7 Acres Somerville, TX 77879
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.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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