601 Alsbury Blvd Burleson, TX 76028
This exceptional 1.37-acre lot presents a unique investment opportunity in the thriving city of Burleson, Texas. Located at 601 Alsbury Boulevard, this property boasts a highly desirable location near the intersection of Summercrest and Alsbury. Currently zoned residential, the land offers significant potential for commercial development, subject to buyer's due diligence and approval from the City of Burleson's Planning & Zoning department. Prospective buyers should independently verify permitted uses with the city, as possibilities may include general retail, two-family dwellings, or multi-family dwellings. The property's size and strategic location make it ideal for a variety of development projects. This is a rare chance to acquire a substantial parcel of land in a growing area. The asking price is $260,000, and owner financing may be available. Serious inquiries are encouraged to explore this exciting opportunity and determine the feasibility of their desired development plans. Act quickly, as properties like this are in high demand.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.