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Property profile & analytics
OFF-MARKET
Land

0 County Rd 248 Lk Lake Colorado City, TX 79512

9 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 9-acre commercial land parcel presents a unique opportunity for development in the desirable Lake Colorado City, Texas area. Located on County Rd 248, zip code 79512, this property offers expansive space perfect for a variety of commercial ventures. The asking price is $165,000. Situated in Mitchell County, Texas, the land is ready for immediate development, allowing for the construction of a custom-designed building to meet specific business needs. Its convenient location provides easy access to local amenities and transportation routes. The expansive lot size provides ample room for construction and potential future expansion. Buyers can envision a wide range of possibilities, from retail spaces to light industrial facilities, or even a unique commercial development that capitalizes on the area's natural beauty. The property's flat terrain simplifies construction planning and reduces potential site preparation costs. This is a rare opportunity to acquire a sizable commercial lot in a growing Texas community. The latitude and longitude coordinates are 32.2873156, -100.9354944 respectively. Don't miss this chance to build your vision in a prime location.

Property profile
Verified
Property type Land
Lot 9 ac (392,040 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
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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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