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Property profile & analytics
OFF-MARKET
Land

IH-35 1.0 Ac Lacy Lakeview, TX 76705

Property ID
Property summary
AI-generated overview

This exceptional 1-acre vacant commercial land parcel presents a prime development opportunity in Lacy Lakeview, Texas. Strategically located on IH-35, this property boasts unparalleled visibility and high traffic exposure, with TxDOT traffic counts exceeding 90,000 vehicles daily. The site benefits from readily available city utilities, including 6-inch water and sewer lines, simplifying development plans. Its adjacency to a dense residential area provides a built-in customer base. The property offers frontage on the southbound IH-35 service road and convenient access via Avenue B. This location is just south of E. Crest Dr (Exit 342a), placing it in close proximity to Texas State Technical College and L-3 Communication Systems. Nearby retail establishments include Valero/Circle K, Family Dollar, Bush's Chicken, and Dairy Queen, further enhancing its commercial appeal. The property is zoned C-1 Highway Commercial. The asking price is $520,000, translating to $11.94 per square foot. Note that an adjacent 5.35+ acre parcel is also available for purchase. This presents a unique chance to acquire a significant commercial holding in a high-growth area.

Property profile
Verified
Property type Land
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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