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Property profile & analytics
OFF-MARKET Estimated value $2,820,000
Commercial real estate

3916 Us Hwy 287th N Henrietta, TX 76365-5562

17,375 SF 8.14 ac lot Built 2001
Individually Owned Free & Clear
Property ID
US82-6299231
Property summary
AI-generated overview

This exceptional 7-acre property presents a unique investment opportunity in Henrietta, Texas. Located in the extraterritorial jurisdiction (ETJ) of Henrietta and boasting 440 feet of frontage along US Highway 287 North, this unimproved land parcel offers significant development potential. Its versatile zoning allows for a multitude of uses, including agricultural, residential, commercial, and industrial applications. The property's strategic location along a major highway provides excellent visibility and accessibility, making it an attractive site for businesses seeking high traffic exposure. The Clay County location offers a blend of rural tranquility and convenient access to Henrietta's amenities. With its substantial acreage and prime highway frontage, this land is well-suited for a variety of projects, from large-scale commercial developments to smaller-scale residential or industrial ventures. The APN is 00402003070091000000. This is a single-tenant property, providing a clear and straightforward ownership structure. The property's size and location make it a compelling investment for those seeking a flexible and high-potential land acquisition in a growing Texas market. The address is 3916 US Hwy 287 N, Henrietta, TX 76365.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2001
Total area 17,375 SF
Lot 8.14 ac (354,404 SF)
APN 4020030701300000000
UPID US82-6299231
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
  • Laguna Madre Traders Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.18M
Comparable Approach Comparable
$2.46M
Blend (final) Blend
$2.82M
Owner & transaction history
PETER CLARK
PETER CLARK
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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