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Property profile & analytics
FOR SALE
Land

2802 N Richmond Rd Wharton, TX 77488

Property ID
US82-6798096
Property summary
AI-generated overview

This exceptional 118,178 square foot commercial land parcel presents a remarkable investment opportunity in Wharton, Texas. Located at 2802 N Richmond Rd, this expansive 2.7-acre corner lot offers unparalleled versatility. The property is zoned for commercial use, although specific zoning details are not available. All utilities are conveniently accessible on-site, simplifying development plans. This prime location provides exceptional visibility and accessibility, making it ideal for a wide range of commercial ventures. Imagine the possibilities: a thriving gas station, a modern commercial building, or even a residential development. The choice is yours. The substantial lot size allows for ample space to accommodate large-scale projects or multiple smaller developments. This property's strategic location and extensive size make it a rare find in the Wharton market, offering significant potential for substantial returns. Seize this opportunity to acquire a highly desirable commercial land parcel in a growing Texas community. The asking price is $449,900.

Property profile
Verified
Property type Land
UPID US82-6798096
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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