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Property profile & analytics
OFF-MARKET
Land

18 Riek Rd Krum, TX 76249

2 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2-acre commercial lot, identified as Lot 18 Riek Rd, is strategically located just outside the Krum, Texas city limits in Denton County, offering a unique opportunity for development. Zoned for commercial use (verification required by the buyer), this property presents significant potential for a variety of businesses. The expansive 2-acre parcel provides ample space for construction, allowing for flexibility in design and scale. Its convenient location offers easy access to key transportation routes, ensuring excellent visibility and accessibility for potential customers. The address is Lot 18 Riek Rd, Krum, TX 76249, with GPS coordinates at 33.2729596 latitude and -97.3290235 longitude. The asking price for this remarkable property is $175,000. Prospective buyers are responsible for independently verifying all information pertaining to zoning, utilities, and other relevant details. This is an exceptional opportunity to acquire a substantial commercial lot in a rapidly growing area. Don't miss out on this chance to build your business's future.

Property profile
Verified
Property type Land
Lot 2 ac (87,120 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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