6012 Highway 67 Alvarado, TX 76009
This exceptional 1.85-acre vacant land parcel presents a unique investment opportunity in Alvarado, Texas. Located at 6012 E Hwy 67, this property boasts a highly desirable location near the intersection of US Hwy 67 and Alvarado Oaks. Currently zoned for residential use, the property offers significant potential for commercial rezoning, opening up a wide range of development possibilities. The existing structure on the property is in disrepair and is sold "as is." Prospective buyers should note that access to the property requires a scheduled appointment; unscheduled visits are discouraged. The lot size is 1.85 acres, providing ample space for various commercial ventures. The property's address is precisely 6012 E Hwy 67, Alvarado, TX 76009, situated in Johnson County. Its geographic coordinates are 32.403262 latitude and -97.275397 longitude. The asking price for this promising land parcel is $400,000. This represents a compelling investment opportunity for developers and entrepreneurs seeking a strategic location with significant upside potential. Serious inquiries are encouraged to schedule a viewing and explore the possibilities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.