0 Big Divide Rd Copperas Cove, TX 76522
This exceptional 348.22-acre commercial land parcel presents a unique investment opportunity in Copperas Cove, Texas. Located in Lampasas and Coryell Counties, but entirely within Copperas Cove city limits, this property boasts five convenient access points along Big Divide Road, simplifying development planning. An existing 8-inch city water main is already on-site, streamlining infrastructure needs. While sewer access requires septic systems, the property's strategic location within established residential areas ensures high demand. The land comprises 310.73 acres in Lampasas County (tax IDs 19460, 15357, 7525) and the remaining acreage in Coryell County (tax ID 110263). A previously designated 35.75-acre "vacancy" for a state school has been resolved, resulting in clear title for the entire parcel. The seller is open to subdividing the land at its narrowest point, near the middle. The current asking price is $12,000 per acre, subject to adjustment if subdivided. This prime location, coupled with its size and accessibility, makes this property ideal for a variety of large-scale commercial developments. Detailed surveys are available upon request. Don't miss this chance to acquire a significant tract of land in a rapidly growing Texas community. The property is priced at $3,830,420.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.