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Property profile & analytics
OFF-MARKET
Land

0 Tbd Ritchie Rd Lorena, TX 76643

5.53 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.53-acre vacant land parcel presents a compelling development opportunity in Hewitt, Texas, specifically located on TBD Ritchie Rd, zip code 76643. Situated in McLennan County, this property boasts prime visibility due to its advantageous corner location within a high-growth area. The land is zoned C-2, a designation that accommodates a wide range of commercial uses of citywide and regional significance. Permitted uses under this zoning include, but are not limited to, retail establishments, service businesses, office spaces, convenience stores with fuel, hotels, restaurants, automotive businesses, and self-storage facilities. This flexibility makes it an ideal site for various commercial ventures. The property's size and zoning provide significant potential for developers seeking to capitalize on the area's expanding commercial sector. The asking price for this exceptional development opportunity is $1,455,843. This location offers easy access to major transportation routes and is surrounded by a thriving community. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
Lot 5.53 ac (240,974 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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