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Property profile & analytics
OFF-MARKET
Commercial real estate

6851 Fm 2289 Normangee, TX 77871

112.33 ac lot
Property ID
US83-0940354
Property summary
AI-generated overview

This exceptional 112.327-acre property presents a unique investment opportunity in Normangee, Texas, nestled within the heart of the Texas Triangle. Designated as both commercial and ranch land, this expansive tract offers a versatile canvas for various development possibilities. The land is fully fenced and gated, providing excellent security and containment for livestock. A significant feature is the presence of an approximately one-acre stock pond, providing a valuable water source for grazing animals. The property boasts ample pastures ideal for livestock operations, making it suitable for cattle ranching or other agricultural pursuits. Importantly, there are no restrictions on the land's use, allowing for maximum flexibility in development plans. Located at 6851 FM 2289, Normangee, TX 77871 (Madison County), this property offers easy access via established roadways. The asking price for this remarkable land parcel is $1,575,000. Its strategic location, combined with its size and features, makes it an attractive proposition for investors seeking a versatile and profitable land investment in a desirable Texas location. The property's latitude and longitude coordinates are 31.0723495 and -96.1102943 respectively.

Property profile
Verified
Property type Commercial real estate
Lot 112.33 ac (4,892,964 SF)
UPID US83-0940354
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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