4 Fm 1173 Krum, TX 76249
This exceptional 1.23-acre commercial land parcel presents a remarkable investment opportunity in the thriving town of Krum, Texas. Located on Lot 4 FM1173, this property boasts convenient access and significant development potential. The lot is situated in Denton County, offering a strategic location within a growing community. The address is Lot 4 FM1173, Krum, TX 76249, with GPS coordinates of 33.2610592 latitude and -97.2367459 longitude. A key advantage is the availability of city water and city sewer services directly on-site, simplifying infrastructure needs and reducing development costs. This significantly streamlines the development process for prospective buyers. The asking price for this prime commercial land is $600,000. All information provided should be independently verified by the buyer. This property is ideal for a variety of commercial ventures, making it an attractive investment for both established businesses and new entrepreneurs seeking a foothold in a dynamic market. The 1.23-acre size offers ample space for various development plans, allowing for flexibility and customization. Don't miss this chance to acquire a valuable piece of commercial real estate in a rapidly growing area of Texas.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.