6931 State Highway 195 Florence, TX 76527
This exceptional 10-acre property in Florence, Texas, presents a rare opportunity for commercial development. Situated conveniently off State Highway 195 and less than 10 minutes from Interstate 35, this non-restricted land boasts unparalleled accessibility. The property includes a substantial 1,600 square foot shop featuring a 16-foot roll-up door, ideal for various commercial uses, from storage and workshops to retail spaces capable of accommodating large equipment or vehicles. A drilled well is already in place, significantly reducing development costs. Only a septic system is needed to complete the commercial readiness of the property. The picturesque setting is further enhanced by its tranquil location backing up to a creek, offering a serene and unique environment. The expansive acreage allows for diverse uses, from agricultural pursuits to a thriving business venture, or a combination of both. Its proximity to Georgetown and Killeen provides access to a larger customer base and urban amenities, while still enjoying the peacefulness of rural living. Nearby local businesses and dining options add to the appeal of this location, making it an attractive investment for entrepreneurs seeking a blend of natural beauty and commercial viability. This is a motivated seller opportunity
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.