Property profile

24301 Us-79 Thrall, TX 76578

OFF-MARKET
Land
13,958 SF 15.27 ac lot Built 1978
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Property summary

AI-generated overview

This exceptional 15.27-acre commercial land parcel in Thrall, Texas, presents a unique investment opportunity. Boasting 13,958 square feet of existing improvements, including 13,358 square feet of industrial space and a 600 square foot office, this property is ideally suited for a variety of commercial uses. The site benefits from a prime location with 417 feet of frontage on US Highway 79, complete with a dedicated eastbound turn lane for convenient access. Its proximity to Samsung (10 miles) makes it strategically advantageous. The property features robust infrastructure, including three-phase power with three on-site transformers providing 750 kVA capacity and a wholesale electrical contract. Further enhancing its appeal are the absence of zoning and deed restrictions, along with access to City of Thrall water and a convenient on-site weigh scale. The asking price is $2,750,000, translating to $197.02 per square foot. Built in 1978, this property offers significant potential for development or immediate occupancy. The vacant status allows for complete customization to suit specific business needs. This is a rare opportunity to acquire a substantial commercial land holding in a rapidly growing area.

Property profile

Verified
Property type Land
Year built 1978
Total area 13,958 SF
Lot 15.27 ac (665,161 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

24301 Us-79 Thrall, TX 76578
Thrall metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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