Current Use by Public Records
- Commercial real estate
Property Details for 4500 Fm 2720
- Lot size
- 4.10 lot acres
- Property type
- Commercial real estate
Description
This exceptional 4.1-acre commercial lot, located at 4500 FM 2720 Unit 4500 in Maxwell, Texas, presents a unique investment opportunity. Situated in a high-traffic area experiencing significant growth, this property is poised for substantial returns. FM 2720, previously rumored as a potential Micron location, remains a highly anticipated development hub. Anticipating this growth, the Texas Department of Transportation (TXDOT) has plans to widen FM 2720, and the County Line SUD is installing a 24-foot water line along the property's border, enhancing infrastructure and utility access. The surrounding area is witnessing a surge in development, including a recently announced data center, industrial park, storage facility, grocery store, and a master-planned community. These projects underscore the area's rapid expansion and the property's strategic location within this burgeoning commercial corridor. This lot is located outside the floodplain, offering optimal development conditions. Its highest and best use is identified as commercial, making it suitable for a variety of ventures, such as a hotel, self-storage facility, restaurant, or car wash. Priced at $550,000, this property represents a compelling investment opportunity in a rapidly developing area.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Maxwell
- County
- Caldwell
- State
- Texas
- Longitude
- -97.7632
- Latitude
- 29.9331
