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Property profile & analytics
OFF-MARKET
Land

00 Tool Dr Tool, TX 75143

2.7 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.7-acre commercial land parcel, located at 00 South Tool Drive, Tool, TX 75143 (APN: 4516.0000.0070.63), presents a unique investment opportunity. Priced at $89,000 ($32,962.96/acre), this property offers significant potential for development. Zoned R1, the land encompasses 117,612 square feet and is situated in a desirable location just minutes from Cedar Creek Lake. The lot boasts a nice, level building site with readily accessible power and water connections. A water meter and sewer form from Wccmud will be included with the sale. Buyers are responsible for verifying all city services and restrictions. This property offers ample space, providing room for various projects and ensuring privacy from neighbors. The property is located within the Malakoff ISD. Special financing options are available for those interested in building on the land, allowing for the purchase and construction of a building with a single loan. This is a rare opportunity to acquire a sizable, well-located commercial lot in a growing area.

Property profile
Verified
Property type Land
Lot 2.7 ac (117,612 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
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Comparable Approach Comparable
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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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