0 Lely Dr Troy, TX 76579
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.