Current Use by Public Records
- Mixed-use properties
Property Details for Us Hwy 77-1.5 Hwy
- Year built
- 1900
- Lot size
- 1.50 lot acres
- Property type
- Mixed-use properties
Description
This exceptional 1.5-acre mixed-use property presents a compelling investment opportunity in Lexington, Texas. Boasting approximately 500 feet of frontage along Highway 77, this parcel offers unparalleled visibility and accessibility for a diverse range of commercial ventures. Its location within the city limits ensures convenient access to utilities and services, while the expansive acreage allows for considerable development potential. The property is ideally suited for a variety of uses, from retail and commercial establishments to agricultural pursuits. The high-traffic location on Highway 77 guarantees significant exposure to a large customer base. City restrictions apply, and interested parties should conduct their own due diligence regarding zoning and permitted uses. The significant highway frontage makes this an attractive site for businesses seeking high visibility. This property's versatility makes it suitable for a wide array of development plans. Furthermore, the availability of adjacent lots presents an opportunity for expansion or the creation of a larger, cohesive development. This is a rare opportunity to acquire a strategically located parcel with significant development potential in a growing Texas community. The asking price is $300,000. Serious inquiries are encouraged.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Lee
- State
- Texas
- Longitude
- -97.0133
- Latitude
- 30.4158
