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Property profile & analytics
OFF-MARKET
Land

0 Lely Dr Troy, TX 76579

16.18 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 16.18-acre industrial land parcel presents a prime development opportunity in Troy, Texas. Strategically located on I-35, between Waco and Austin, this property boasts exceptional visibility and accessibility, with an average daily traffic count exceeding 91,670 vehicles. The site is part of a larger multi-pad development, featuring completed access roads, making it fully build-ready. Zoned for Light Industrial use by the City of Troy, all essential utilities—water, power, and sewer—are readily available. This location is ideal for a variety of uses, including light industrial facilities, office spaces, or retail establishments. The property's proximity to major transportation arteries and burgeoning residential growth in the area ensures strong potential for future appreciation. The asking price for this exceptional development opportunity is $1,240,588. Ownership is held by KDAVEO LLC. The property is located at Lely Dr, Troy, Bell County, TX 76579.

Property profile
Verified
Property type Land
Lot 16.18 ac (704,801 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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