Financial
Distress signals
Property profile

600 Fm 981 Blue Ridge, TX 75424

FOR SALE
Other commercial real estate
Property ID
US82-4608322
4,200 SF 0.92 ac lot Built 1985
Last sale May 2024
Individually Owned Owner of record is an individual. 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is identified as 600 FM 981 and is situated at the southeast corner of Hwy 78 and FM 981 in Collin County, Texas, within the Blue Ridge, TX 75424 area. It is a corner site defined by its intersection frontage, with access provided directly from the adjoining highways; no additional building, unit, or improvement details were provided in the source information.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$3k
Tax billed · 2022
Assessed value$131k
Assessed land$70k
Assessed improvement$61k
Effective rate1.98%

Value estimate

· Sep 2026
$270k
$243k – $297k
AI approach$270k
NOI build-up
Gross scheduled income$90k
Vacancy & credit loss−$8k
Operating expenses−$12k
NOI · 3.66% cap applied$70k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
3.66%
$70k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOLLIN

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand index
Building Supply8.6
Auto Repair Shop8.5
Storage Facility8.3

Location

600 Fm 981 Blue Ridge, TX 75424
County assessor Recorded deeds · 7 transfers 4 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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