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Property profile & analytics
OFF-MARKET Estimated value $1,300,000
Warehouses

17968 Fm 2493 Flint, TX 75762-8301

12,000 SF 29.99 ac lot Built 2012
Entity Owned 14-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-6487764
Property summary
AI-generated overview

This exceptional 3-acre property presents a unique investment opportunity in Flint, Texas. Located at 17968 FM 2493, this hard corner lot sits at the intersection of Spruce Hill and Old Jacksonville Highway, ensuring high visibility and accessibility. The land is zoned for both commercial and residential use, offering flexibility for a variety of development projects. Situated outside city limits, this property benefits from minimal zoning restrictions, streamlining the development process. The asking price is $350,000. This location is perfect for a variety of uses, including but not limited to quick-service restaurants (QSRs), fuel stations, travel centers, retail establishments, or business relocations. The high visibility and convenient location make this an attractive option for businesses seeking a prominent presence in the area. Note that additional acreage is available, including 2-acre and 1.5-acre sites. This property offers a rare combination of size, location, and zoning flexibility, making it an exceptional investment opportunity in a growing market. The property's address is 17968 FM 2493, Flint, Smith County, Texas, 75762.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2012
Construction STEEL FRAME
Total area 12,000 SF
Lot 29.99 ac (1,306,495 SF)
APN 1-00000-0018-02-011003
UPID US82-6487764
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
Current use
Occupant on record · Public records
  • Pro-Tex Insulation General Contractor Renovation Specialist
  • Found Objects Home Decor Store (Bike/Boat/Book/etc) Store
  • Light Your Fire Hardware & Home Improvement
  • Rubicon (Bike/Boat/Book/etc) Store Pet Store & Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.16M
Comparable Approach Comparable
$1.44M
Blend (final) Blend
$1.30M
Owner & transaction history
Ken Dietz Homes INC · 14 yrs held
Ken Dietz Homes INC
since 2012
7 recorded transactions
2017
Price N/A
2016
Price N/A
2014
Price N/A
2012
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.6M +81.0%
Restaurant $1.3M +42.7%
Retail stores $1.1M +18.9%
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