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Property profile & analytics
OFF-MARKET
Commercial real estate

8967 Old Hwy 81 Troy, TX 76579

1.23 ac lot Built 1982
Property ID
Property summary
AI-generated overview

This unique 1.23-acre property in Troy, TX, presents a compelling investment opportunity, ideally situated adjacent to the I-35 access road at 8967 Old Highway 81 Unit 8967. The existing home, sold "as is," offers significant flexibility, readily adaptable for multiple office spaces, storage, or even a primary residence. Its versatile nature allows for a blend of commercial and residential uses, catering to a wide range of business ventures. The property's prime location near the I-35 access road ensures excellent visibility and convenient access for clients and employees. This presents a rare chance to acquire a property with both commercial and residential potential in a thriving location. The existing structure provides immediate usability, minimizing upfront investment costs. Whether you envision a thriving business with on-site living or a strategic investment with diverse income streams, this property offers unparalleled potential. The 1.23-acre lot provides ample space for expansion or future development, further enhancing its long-term value. This is a truly exceptional opportunity to own a versatile property in a high-growth area. The asking price is $310,000.

Property profile
Verified
Property type Commercial real estate
Year built 1982
Lot 1.23 ac (53,579 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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