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    0000 Caddo St Commerce, TX 75428

    For Sale
    $250,000

    Improved Land - Commerce, TX

    Lot size:
    4.97 Acres
    Days on Market:
    273
    Last Refresh:
    Dec 9 at 11:06 pm

    Property Features for 0000 Caddo St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    70312
    Lot size
    4.97 Acres

    Building Details

    Architectural style
    Other

    Compass RE Texas, LCC (214) 814-8100 [email protected]

    Listing agent John Holmes (214) 814-8100 License #0464497

    Listing date Mar 12, 2025

    MLS# 20864728 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commerce, TX Development Opportunity

    This 4.966-acre property in Commerce, TX, presents an exceptional development opportunity, comprising two lots being sold as one. The versatile land parcel offers tremendous potential for various development scenarios, including residential subdivisions, multi-family housing, or a custom home. The property boasts strategic positioning with excellent access to major thoroughfares, ensuring convenient connectivity throughout the city. Located within walking distance to local restaurants, retail establishments, and East Texas A&M University, this land offers a blend of convenience and opportunity, appealing to students, faculty, and local residents. The lot is situated within an Opportunity Zone, a federal program established by the 2017 Tax Cuts and Jobs Act to encourage long-term investment in economically distressed communities. Investors can benefit from capital gains tax incentives when they reinvest in Qualified Opportunity Funds that support development in these zones.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Commerce
    County
    Hunt
    State
    Texas
    Longitude
    -95.90872055
    Latitude
    33.25059386

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    FAQs

    What type of property is this?
    Land - 4.966 acres in Commerce, TX, ideal for development.
    Where is this land located?
    The property is located at 0000 Caddo St Commerce, TX.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Prime 4.966-acre development opportunity in Commerce, TX, suitable for residential, multi-family, or custom home development.; - Located within walking distance to local restaurants, retail, and East Texas A&M University.; - Excellent access to major thoroughfares, ensuring convenient connectivity.
    (214) 814-8100
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    0000 Caddo St Commerce, TX 75428
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    Commerce, TX 75428
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    0000 Caddo St Commerce, TX 75428
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