428 Wilshire Blvd Burleson, TX 76028
- Commercial real estate
- 1.08 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 428 Wilshire Blvd
- Lot size
- 1.08 lot acres
- Property type
- Commercial real estate
- APN
- 126.2793.00097
- APU
- 126279300097
Description
This exceptional 1.07-acre commercial land parcel is ideally situated on Wilshire Boulevard in Burleson, Texas, offering unparalleled development potential. Its prime location near I-35W provides easy access to the Dallas/Fort Worth metroplex, while its proximity to downtown Burleson and the Class A multi-family development, The Depot on Main, ensures high visibility and strong surrounding infrastructure. The property is zoned industrial, allowing for a wide range of development options. Utilities are readily available on-site, simplifying the development process. The flat topography further enhances construction efficiency. This location benefits from its proximity to numerous restaurants, businesses, and residential neighborhoods, contributing to a thriving and dynamic environment. Future plans for extending Main Street to the rear of the property promise even greater accessibility and connectivity. The owner is open to considering reasonable offers, making this a compelling investment opportunity in one of the fastest-growing areas of the DFW metroplex. This is a rare chance to acquire a well-positioned, versatile property with significant long-term growth potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $295,000
- 6.5%
- $340,000
- 7%
- $295,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $325,000
- Geo Method
- $295,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $340,000
- Retail
- $285,000
- Mixed-Use
- $365,000
- Hospitality
- $360,000
- Educational
- $330,000
- Residential Income
- $310,000
- Energy
- $365,000
- Income-Based Land
- $340,000
- Food Service
- $280,000
Location Insight
- Map
- Local Demand
- City
- Burleson
- County
- Johnson
- State
- Texas
- Longitude
- -97.3219
- Latitude
- 32.5491
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA