Property profile

0 County Road 627 Blue Ridge, TX 75424

OFF-MARKET
Land
90.45 ac lot
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Property summary

AI-generated overview

This exceptional 90.45-acre commercial property presents a unique investment opportunity in Collin County, Texas. Strategically located in the extraterritorial jurisdiction (ETJ) of Blue Ridge, it boasts convenient access to major thoroughfares, including State Highway 78 and FM 981, situated less than a mile and a half east of SH 78. The property enjoys frontage on County Road 627, and is in close proximity to County Road 628, FM 981, and County Road 825, ensuring excellent accessibility. The land itself is a picturesque blend of cultivated areas, pastureland, and wooded sections, enhanced by the presence of one small pond and one larger pond. A Frognot SUD water meter is in place. The property is zoned for agricultural use (Ag), and benefits from an existing agricultural lease and an agricultural tax exemption. The majority of the acreage falls within the ETJ of Blue Ridge, with a portion in the southern area potentially located within the county. Importantly, the property is not situated within a flood plain. The property is served by the Blue Ridge Independent School District (Blue Ridge I.S.D.). This versatile land offers significant potential for various commercial ventures, capitalizing on its prime location and attractive features.

Property profile

Verified
Property type Land
Lot 90.45 ac (3,940,002 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

County Road 627 Blue Ridge, TX 75424
Blue Ridge metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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