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Property profile & analytics
OFF-MARKET
Land

114 Nec Of Roaring Riv Rd & Hwy Justin, TX 76247

1.01 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.01 ac (43,996 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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