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    OFF-MARKET
    Commercial land

    5900 Hightower Dr, Watauga, TX 76148-2049

    0.76 ac lot
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US82-8082901
    Property summary
    AI-generated overview

    This exceptional 0.76-acre commercial lot at 5900 Hightower Drive in Watauga, Texas presents a unique investment opportunity. Situated on a hard corner with signal lights, this property boasts excellent visibility and accessibility, making it highly attractive for a variety of commercial ventures. The location is surrounded by a dense residential area and a new subdivision, ensuring a strong customer base. All essential utilities, including sewer and water, are readily available. The lot has already been platted and is completely shovel-ready, minimizing development time and costs. Currently zoned for local business use, the property offers significant potential for rezoning. The city is open to considering rezoning applications for residential uses such as townhomes, multi-family dwellings, or mixed-use developments incorporating retail space on the ground floor and residential condos above. Prospective buyers are encouraged to contact the city directly to discuss specific project proposals and rezoning possibilities. This prime location, coupled with its readily available infrastructure and development-ready status, makes this a truly exceptional opportunity for investors seeking a high-impact commercial property in a thriving residential community. The asking price is $295,000.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.76 ac (32,997 SF)
    APN 10840-14-7R2
    UPID US82-8082901
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Roshra LLC
    Roshra LLC
    since 2025
    6 recorded transactions
    2025
    2022
    2020
    2019
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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