± 88 Acres of Development Land Next to McGregor… — Sale in Mcgregor, TX

  • Price: $7.5M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Mcgregor, TX 76657

Description

Welcome to an exceptional investment opportunity in the heart of McLennan County's highest growth corridor. Key Features: Spanning an expansive 88.744 acres (equivalent to 3,865,688.64 SF) Location: Situated within a multiple zoning area (C-1, C-2, O-1), this parcel offers tremendous versatility for a variety of development ventures. With excellent visibility and accessibility, it stands as a beacon for both commercial and residential projects. The strategic location the property is underscored by its adjacency to W Highway 84, boasting a traffic count of over 23,300 vehicles per day (TxDOT 2022). McLennan County's highest per capita income adds to the allure of this locale, promising a strong consumer base for retail establishments and a lucrative market for upscale residential developments. Utilities: All essential utilities, including city water, sewer, and electricity, are readily available, streamlining the development process and minimizing overhead costs. Moreover, with its vast acreage and strategic positioning, this property holds immense potential for realizing ambitious retail and residential projects. Whether you envision a bustling commercial center, a vibrant mixed-use community, or an upscale residential enclave, this parcel offers the canvas upon which to manifest your vision. Seize this rare opportunity to shape the future of McLennan County's premier growth corridor and capitalize on the region's burgeoning prosperity. Don't miss your chance to be part of this thriving community in one of Texas's most dynamic regions. Click here to see other available commercial properties on our website. Land Size: 88.74 Ac | Listing Type: FOR SALE

Market Context

This multifamily in Mcgregor, TX is listed for sale at $7,495,000. It has been on the market for 71 days. Compare it against other multifamily listings for sale in Mcgregor, TX — view the full market.

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