Us Hwy 77-1.5 Hwy Lexington, TX 78947
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.