103 Crete St Normangee, TX 77871-5021
This exceptional 0.365-acre mixed-use property in Normangee, Texas, presents a unique investment opportunity. Located on Crete Street, this land boasts a prime position along the heavily trafficked OSR Highway, ensuring high visibility for any commercial venture. The absence of zoning restrictions allows for versatile development, catering to both commercial and residential projects. The 15,900 square foot lot is priced at $75,000, or $4.72 per square foot. Existing infrastructure includes on-site water, electric, and septic. Two 20-foot containers are available for separate purchase. This property's strategic location offers easy access to major roads, schools, and local services, making it ideal for a variety of uses, from retail establishments and service businesses to a comfortable residential home. Owner financing is available. The property's APN is 19377. Don't miss this chance to acquire a versatile property with significant potential in a thriving Texas community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.