0 Ray Roberts Pkwy Tioga, TX 76271
This exceptional 4.573-acre commercial land parcel in Tioga, Texas, presents a remarkable investment opportunity. Located on N Ray Roberts Parkway with 706 feet of Hwy 377 frontage, this property boasts convenient access and high visibility. Zoned C-2, it allows for a diverse range of commercial uses, including retail, grocery stores, hotels, multi-family dwellings, and mini-storage facilities. City water, sewer, and electricity are readily available on-site, eliminating significant infrastructure hurdles. Detailed civil engineering plans for a 55-unit townhome community, known as Sutton Park, are available for separate purchase. These plans showcase 55 three-bedroom, two-and-a-half-bathroom units, each spanning 1263 square feet and including a one-car garage. The property's strategic location less than a mile from Tioga's new high school (opened August 2018) and 0.4 miles from the elementary and middle schools makes it particularly attractive for multi-family development. Situated 20 minutes north of Hwy 380, near Aubrey and Pilot Point, this land offers a prime position within a rapidly growing area. The asking price is $995,000, with a land value of $4.99 per square foot. This is a chance to capitalize on Tioga's expansion and secure a strong return on investment. Don't miss this chance to be part of Tioga's exciting future.
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
Similar Nearby for Sale
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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.