56 11.406 Acres Hwy Whitesboro, TX 76273
This exceptional 11.406-acre property in Whitesboro, Texas, presents a unique investment opportunity. Located on Highway 56, it boasts over 410 feet of highway frontage, offering significant visibility and accessibility. The property's zoning permits agricultural use, but its strategic location, approximately 1.5 miles west of the future Collins Road tollway, makes it highly attractive for commercial development. While a portion (approximately 3 acres) on the east side is designated as flood plain (per survey available), the remaining acreage offers substantial potential. The Texas Department of Transportation (TxDOT) map indicates a right-of-way that allows access to the property. The asking price is $1,200,000. The Grayson County property is identified by APN 0000 and has a 76273 zip code. This land offers a blend of agricultural and commercial possibilities, making it an ideal investment for those seeking a versatile property with excellent location and future growth potential. Detailed survey information is available upon request. This is a rare opportunity to acquire a significant land parcel in a rapidly developing area.
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
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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.