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Property profile

15602 State Highway 160 Blue Ridge, TX 75424

FOR SALE
Other commercial real estate
Property ID
US82-6943053
8,900 SF 18.37 ac lot Built 2022
Last sale Feb 2019
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a fenced and gated commercial site outside city limits with 4 acres of land and road frontage on Highway 160, totaling approximately 10,600 square feet of building area. It contains three separate shop buildings constructed in 2019, 2021, and 2024, each with office space, bathrooms, and warehouse/storage space; Shop 1 is 2,400 square feet, Shop 2 is 3,200 square feet, and Shop 3 is 5,000 square feet. The site also includes shared/common space used by two tenants. The layout…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2019

What does the county charge?
$7
Tax billed · 2019
Assessed value · 2023$1.04M
Assessed land$643k
Assessed improvement$393k
Effective rate0.00%

Value estimate

· Oct 2026
$1.77M
$1.59M – $1.95M
CAP approach$1.89M
Submarket $/SF estimate$1.65M
NOI build-up
Gross scheduled income$233k
Vacancy & credit loss−$54k
Operating expenses−$45k
NOI · 5.79% cap applied$134k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
5.79%
$134k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOLLIN

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply8.6
Convenience Store8.2
Wholesale Shop8.0

Location

15602 State Highway 160 Blue Ridge, TX 75424
County assessor Recorded deeds · 1 transfer 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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