Technical
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Distress signals
Property profile

0 County Rd 248 Lk Lake Colorado City, TX 79512

OFF-MARKET
Land
9 ac lot
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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

Location

County Rd 248 Lk Lake Colorado City, TX 79512
Lake Colorado City metro
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Value estimations

Realmo proprietary · 4 methods
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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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