6153 Asher Rd Alvarado, TX 76009-6416
This exceptional 9.09-acre industrial land parcel presents a unique investment opportunity in Alvarado, Texas. Strategically located just 2.5 miles north of the I-35/Route 67 interchange, this property offers unparalleled access to major transportation arteries, ensuring seamless logistics and distribution capabilities. The expansive acreage is ideally suited for a variety of industrial uses, including distribution centers, outdoor storage facilities, truck stops, or even retail development. The absence of zoning requirements streamlines the development process, minimizing potential delays and maximizing flexibility for prospective buyers. Situated in Johnson County, Texas, with a 76009 zip code, this property boasts a convenient location and strong potential for future growth. The address is 6153 Asher Rd, Alvarado, TX. Given its size and prime location, this land parcel represents a compelling investment opportunity for businesses seeking a strategic foothold in a rapidly developing area. The property's versatility allows for a wide range of development possibilities, making it an attractive option for both established companies and emerging enterprises. Its proximity to major transportation routes ensures efficient connectivity, while the lack of zoning restrictions simplifies the planning and execution of development projects. This is a rare opportunity to acquire a significant land parcel in a high-growth area with minimal regulatory hurdles.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2018Comparables
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.