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    Collin Loraine, TX 79532

    Pending
    For Sale
    Contact for pricing

    Individual Lot - Loraine, TX

    Lot size:
    0.48 Acres
    Days on Market:
    9
    Last Refresh:
    Dec 11 at 3:06 pm

    Property Features for Collin

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    Commercial
    Lot size
    0.48 Acres

    Building Details

    Architectural style
    Other

    Neff's Mesquite Ridge Realty (325) 515-4160

    Listing agent Dakotah Neff (325) 515-4160

    Listing date Dec 3, 2025

    MLS# 50086963 Listing URL

    Copyright © 2025 Permian Basin Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Lot Near I-20

    This commercial lot, approximately 0.48 acres, measures 150 feet by 140 feet. It is situated two blocks from the I-20 service road. The property's location makes it suitable for a small business or expansion.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Loraine
    County
    Mitchell
    State
    Texas
    Longitude
    -100.7123323
    Latitude
    32.4112301

    Nearby Similar for Sale

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    • $45,000
      1.29 Acres

      Loraine Commercial Property - Huge Potential

      1.29-acre lot, multi-use building, motivated seller.
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    FAQs

    What type of property is this?
    Commercial land - Commercial lot near I-20, suitable for small business.
    Where is this commercial land located?
    The property is located at Collin Loraine, TX.
    What is the asking price?
    The asking price for this property is $12,000.
    What are key features of this property?
    This property features: - Nearly half-acre commercial lot (150ft x 140ft); - Conveniently located two blocks from I-20 service road; - Excellent location for a small business
    (325) 515-4160
    Request Owner's contact information
    Collin Loraine, TX 79532
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    Loraine, TX 79532
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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
    Collin Loraine, TX 79532
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