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Property profile & analytics
OFF-MARKET
Commercial real estate

309 South St Florence, TX 76527

14.99 ac lot
Property ID
US83-4192706
Property summary
AI-generated overview

This exceptional 14.99-acre property in Florence, Texas, presents a remarkable investment opportunity. Located within the city limits at 309 South St, 76527, this land boasts convenient access to Main Street and essential utilities. Electric, water, and sewer services are readily available on-site, simplifying development plans. The property is zoned MF-2, a Multiple-Family Residential District allowing for up to eight dwelling units per 20,000 square feet, offering significant potential for multi-family development. However, the zoning also permits the possibility of a single-family homesite, providing flexibility for various development scenarios. The asking price of $350,000 represents an absolute bargain, making this an incredibly attractive proposition for discerning investors seeking a prime location with high development potential in a thriving Texas community. The property's size and zoning flexibility make it suitable for a range of projects, from multi-family residential to potentially single-family homes. This is a rare opportunity to acquire a substantial land parcel within the city limits of Florence at an exceptionally competitive price. Don't miss this chance to secure a valuable asset in a growing market.

Property profile
Verified
Property type Commercial real estate
Lot 14.99 ac (652,964 SF)
UPID US83-4192706
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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