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Property profile & analytics
OFF-MARKET
Commercial real estate

31589 Us Hwy 84 Hwy McGregor, TX 76657

1,341 SF 15.9 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 15.9-acre property in McGregor, Texas, presents a unique investment opportunity. Located on US Highway 84, it boasts approximately 140 feet of frontage, ensuring high visibility to the over 17,600 vehicles that TxDOT projected would pass daily in 2022. The property includes 1,341 square feet of existing improvements, built in 2013, offering immediate usability. Its versatile zoning allows for both residential (R-10) and general commercial (GC) development, opening doors to a wide range of possibilities. Imagine a thriving business capitalizing on the significant traffic flow, or a stunning residential estate on this expansive land. The 692,604 square foot lot provides ample space for ambitious projects. This prime location combines the benefits of high visibility and accessibility, making it an ideal choice for discerning investors seeking a property with significant upside. The existing structure offers a solid foundation for immediate use or potential redevelopment, while the expansive acreage allows for future expansion and growth. Don't miss this chance to acquire a truly remarkable property with exceptional potential.

Property profile
Verified
Property type Commercial real estate
Total area 1,341 SF
Lot 15.9 ac (692,604 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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