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Property profile & analytics
OFF-MARKET
Mixed-use properties

Us Hwy 77-1.5 Hwy Lexington, TX 78947

1.5 ac lot Built 1900
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mixed-use properties
Year built 1900
Lot 1.5 ac (65,340 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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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