114 Nec Of Roaring Riv Rd & Hwy Justin, TX 76247
This exceptional 1.01-acre commercial land parcel presents a unique investment opportunity in the rapidly growing area of Justin, Texas. Situated at the northeast corner of Roaring River Road and Highway 114, this property boasts unparalleled visibility and convenient access. Zoned for Neighborhood Commercial (E), this site is ideally suited for a variety of uses, including a bank, medical facility, or other neighborhood commercial services. The location offers significant advantages, including proximity to the Texas Motor Speedway and Northwest High School, ensuring high traffic volume and a strong customer base. The land is located at the entrance to the Rivers Edge subdivision, a thriving residential community, further enhancing its appeal and potential for future development. With a price of $871,000, or $19.80 per square foot, this property represents an excellent value in a prime location experiencing substantial growth. The property's corner location on Highway 114 provides exceptional visibility for any business. This vacant pad site is ready for immediate development, offering a blank canvas for your vision. The Denton County location and 76247 zip code add to its desirability. Don't miss this chance to secure a piece of this thriving commercial corridor.
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
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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.