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Property profile & analytics
OFF-MARKET
Land

304 Frontage Rd Lorena, TX 76655

1.02 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.02-acre commercial lot presents a unique investment opportunity in Lorena, Texas. Strategically located on North Frontage Road, this platted lot boasts unparalleled visibility and accessibility from Interstate Highway 35, a major thoroughfare ensuring high traffic volume. The property is zoned IC - Interstate 35 Planned Corridor District, allowing for a variety of retail or office developments. Its convenient location offers regional accessibility and is situated adjacent to a Sonic Drive-In restaurant, enhancing its appeal and potential for synergistic business opportunities. Furthermore, its proximity to a Brookshires Grocery Store, just one block away, provides additional foot traffic and consumer draw. The asking price for this prime commercial land is $555,499. The address is 304 N. Frontage Rd, Lorena, Texas, 76655. This property is near the intersection of Old Lorena Road and Interstate Highway 35, providing easy access to and from the interstate. This is an ideal location for businesses seeking high visibility and convenient access to a major transportation artery. Don't miss this chance to secure a highly desirable commercial property in a rapidly growing area.

Property profile
Verified
Property type Land
Lot 1.02 ac (44,431 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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