1111 E Main St Troy, TX 76579
For Sale
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This exceptional .79-acre lot presents a compelling investment opportunity in the thriving city of Troy, Texas. Strategically located near existing residential areas and planned multi-family developments, this property enjoys a prime position for significant future growth. Its proximity to the downtown core ensures high visibility and accessibility, making it an attractive site for a variety of commercial ventures. The property is zoned for General Business, offering flexibility for diverse development plans, from retail spaces and restaurants to professional offices or mixed-use buildings. Essential utilities are readily available, simplifying the development process and minimizing upfront costs. The substantial size of the lot allows for ample space to accommodate a sizable building or complex, maximizing potential return on investment. Given the current market trends and the property's advantageous location, this .79-acre lot represents a rare chance to acquire a highly desirable piece of land with immense potential for future development and substantial financial returns. This is a unique opportunity to capitalize on the growth trajectory of Troy, Texas, and establish a thriving business in a vibrant and expanding community. The property's zoning and location make it an attractive proposition for both seasoned developers and new investors seeking a promising venture in a dynamic market.
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.