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Property profile & analytics
OFF-MARKET
Land

84 Tbd Hwy Oglesby, TX 76561

114.7 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 114.7-acre commercial and farm property presents a unique development opportunity in Oglesby, Texas. Strategically located on Highway 84, this land boasts impressive frontage: 1,000 feet on both the north and south sides of Hwy 84, offering unparalleled visibility and accessibility. The northern tract extends an additional 1275 feet along Wendt Road, while the southern tract provides 1680 feet of frontage on FM 1996 and 1950 feet along CR 112 and Sheele Road. This prime location enjoys a high daily traffic count of 8,900 vehicles. The property features level building sites ideal for various commercial ventures. While electricity hasn't yet been connected to the property, the power lines serving both tracts have recently undergone upgrades, making connection relatively straightforward. Coryell City Water Supply Corporation provides water access. The seller is open to offers for subdivision, but prefers a whole-property sale. This versatile land is perfect for multiple uses, representing a significant transitional land opportunity for developers seeking high-visibility, high-traffic exposure in a rapidly growing area. The property is situated in Coryell County, Texas, with a 76561 zip code. The asking price is $2,294,000.

Property profile
Verified
Property type Land
Lot 114.7 ac (4,996,332 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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