304 Frontage Rd Lorena, TX 76655
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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