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Property profile & analytics
OFF-MARKET
Commercial real estate

10700 Jackson Rd Krum, TX 76249

125 ac lot
Individually Owned 8-yr Hold
Property ID
US83-1871207
Property summary
AI-generated overview

This exceptional 125-acre property in Krum, Texas, presents a remarkable opportunity for diverse development. Located in Denton County at 10700 Jackson Rd, zip code 76249, this expansive tract boasts a highly desirable Agriculture and AG Exempt zoning. The land offers approximately 1,000 feet of frontage on Jackson Road, providing excellent visibility and accessibility. Its proximity to Highway 380 ensures convenient access to major transportation routes. Existing infrastructure includes a 6-inch water line at the roadside, with other utilities readily available nearby. Further enhancing its potential, a wastewater permit is currently pending, paving the way for future sewer services and residential development. This location is less than 10 miles from Denton, TX, placing it within a thriving and rapidly growing market. The combination of size, zoning, location, and pending infrastructure improvements makes this property an ideal investment for developers seeking a versatile and strategically positioned land parcel. This is a rare opportunity to acquire a significant land holding in a high-growth area of Texas.

Property profile
Verified
Property type Commercial real estate
Lot 125 ac (5,445,000 SF)
UPID US83-1871207
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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Comparable Approach Comparable
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Owner & transaction history
Rodney Gene Dillon · 8 yrs held
Rodney Gene Dillon
since 2017
4 recorded transactions
2021
Price N/A
2020
Price N/A
2018
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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