Property profile

27300 Hwy McGregor, TX 76657

OFF-MARKET
Land
88.74 ac lot
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Property summary

AI-generated overview

This exceptional 88.744-acre (3,865,688.64 sq ft) parcel presents a significant investment opportunity in McLennan County's fastest-growing area. Strategically located on West Highway 84, boasting over 23,300 vehicles per day (TxDOT 2022 data), this property offers unparalleled visibility and accessibility. The land is zoned for versatile development with C-1, C-2, and O-1 designations, allowing for a wide range of commercial and residential projects. McLennan County's highest per capita income ensures a strong consumer base and attractive market for upscale residential development. All essential utilities—city water, sewer, and electricity—are readily available. The 2023 property taxes were $61,747.13 (verification recommended). This expansive tract presents a unique chance to capitalize on the region's burgeoning prosperity, creating a thriving commercial center, mixed-use community, or exclusive residential enclave. Don't miss this chance to shape the future of this dynamic Texas region. The land is priced at $6,950,000, with a land value of $1.62 per square foot. The address is 27300 West Highway 84, McGregor, TX 76657.

Property profile

Verified
Property type Land
Lot 88.74 ac (3,865,689 SF)

Cap rate & NOI

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

Location

27300 Hwy McGregor, TX 76657
McGregor metro
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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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