79 Carlos G Parker & Fm 973 Taylor, TX 76574
City View Plaza presents a unique investment opportunity in Taylor, Texas. This exceptional 28.6-acre commercial land parcel boasts 2,147 feet of frontage on HWY 79 (Carlos G Parker & FM 973), a major thoroughfare between Taylor and the new Samsung fabrication plant. The property's strategic location offers unparalleled access to a rapidly growing area, experiencing significant economic expansion driven by the planned $44 billion Samsung investment. With a daily traffic count of 13,000 vehicles on Carlos G Parker, this site is ideally positioned for a variety of mixed-use developments. Envision retail big-box stores, multifamily residential, hotels, extended-stay accommodations, office buildings, or warehouse distribution facilities. Currently zoned LTRR/Future Growth Sector G-1, the property offers significant flexibility for future development. Convenient access to utilities is also a key advantage, with a 24-inch Taylor Water line and an 18-inch City of Taylor Wastewater line readily available. Prospective buyers are responsible for verifying all zoning and utility information. A survey is available upon request. This unparalleled location, coupled with its substantial size and high visibility, makes City View Plaza an exceptional investment opportunity in a thriving Texas market. The asking price is $12,453,804.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.