8086 Precinct Line RdColleyville, TX 76034

Property Details for 8086 Precinct Line Rd

Year built

2018

Lot size

1.61 AC

Property type

Office buildings

APN

23668-2-6

APU

2366826

Description

This exceptional 2.942-acre commercial land parcel presents a unique investment opportunity in the thriving city of Colleyville, Texas. Located at 8086 Precinct Line Rd, Colleyville, TX 76034, this property boasts a highly desirable location within Tarrant County. The land is zoned PUD-C, offering considerable flexibility for a variety of commercial development projects. Its expansive size provides ample space for substantial construction, allowing for significant potential returns. The property's address is easily accessible, providing excellent visibility and convenient access for potential businesses and customers. Given its size and zoning, this site is well-suited for a range of commercial ventures, from retail establishments and office spaces to restaurants and other commercial uses. The strategic location within Colleyville, a rapidly growing community, ensures strong potential for future appreciation. This is a rare opportunity to acquire a large, commercially zoned parcel in a prime location, making it an ideal investment for developers and entrepreneurs seeking to establish a presence in this dynamic market. Detailed site plans and zoning information are readily available upon request. Serious inquiries only. Coordinates: 32.898974, -97.184471

• CAP approach

  CAP return

  Valuation

  6%

  $17,366,850

  6.5%

  $16,030,938

  7%

  $14,885,871

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,714,943

  Geo Method

  $8,427,694

• Alternative Use

  Use

  Valuation

  Residential

  $19,878,364

  Hospitality

  $18,208,474

  Educational

  $15,149,236

  Medical

  $15,670,242

  Retail

  $23,565,478

Location Insight

City

Colleyville

County

Tarrant

State

Texas

Latitude

32.899

Longitude

-97.1845

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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