Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Tbd I-20 Eastland, TX 76448

    View on Map
    For Sale
    $350,000

    Unimproved Land - Eastland, TX

    Type:Unimproved Land
    Lot size:
    5.03 Acres
    Added:
    Aug 8, 2025
    Days on Market:
    237
    Last Refresh:
    Apr 1 at 9:06 pm

    Property Features for Tbd I-20

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    9387
    Lot size
    5.03 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Suzanne Fulkerson

    Listing agent Suzanne Fulkerson License #0660781

    Listing office Real Broker 2626 Cole Avenue Ste 300, Arlington, TX

    Listing date Aug 8, 2025

    MLS# 21024980 Listing URL

    Copyright © 2026 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

    Eastland, TX Land For Sale

    This is a 5.03-acre parcel of unimproved land located just outside of Eastland, TX, offering convenient access to and from I-20. Situated on the corner of Highway 6 and I-20, the property benefits from high traffic volume and visibility, making it suitable for developing a number of businesses or services. The location along the busy interstate presents opportunities for businesses catering to travelers, such as refueling stations or overnight accommodations. The property is located in Eastland County.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Eastland
    County
    Eastland
    State
    Texas
    Longitude
    -98.7997
    Latitude
    32.412

    Nearby Similar for Sale

    • $650,000

      Prime Development Land on I-20

      17.45 acres with I-20 frontage in Eastland, Texas.
      3000 Interstate 20 W, Eastland, TX 76448
      View Details
    • $165,000

      Versatile Commercial Property in Eastland

      Well-maintained 2,206 sq ft commercial property suitable for various businesses.
      711 W Commerce Street, Eastland, TX 76448
      View Details
    • $1,200,000

      Eastland Auto Repair Business Opportunity

      Established auto repair business and property for sale in Eastland.
      300 E Main Street, Eastland, TX 76448
      View Details
    • $1,150,000
      1,324 SF

      Eastland, Texas Farm and Ranch

      165.12 acre property suitable for living and livestock.
      426 County Road 194, Eastland, TX 76448
      View Details
    • $320,000
      2,056 SF

      Eastland Farmhouse on 6 Acres

      Three-bedroom farmhouse on 6 acres near Eastland, Texas.
      2502 Highway 112, Eastland, TX 76448
      View Details
    • $399,500

      Eastland Car Wash and Retail

      Multi-use property featuring car wash, car lot, and metal shop.
      929 E Main Street, Eastland, TX 76448
      View Details
    • $179,900

      Eastland Healthcare Facility For Sale

      Two buildings previously used as a healthcare facility with 54 beds.
      401 W Moss Street, Eastland, TX 76448
      View Details
    • $200,000

      Eastland Warehouse with Office Space

      2000 sq ft warehouse with office and high visibility.
      1012 W Main Street, Eastland, TX 76448
      View Details
    • $199,000

      Corner Lot on Highway 6

      0.44-acre corner lot at Highway 6 & I-20, Eastland, TX.
      12780 Highway 6, Eastland, TX 76448
      View Details
    • $375,000

      Eastland Acreage with Water Features

      44.05 acres with pasture, trees, and water features.
      334 Co Rd 334, Eastland, TX 76448
      View Details
    • $1,400,000

      Eastland Hunting Land with Topo

      224-acre hunting land near Lake Leon and Eastland, Texas.
      1811 Highway 570, Eastland, TX 76448
      View Details
    • $72,500

      Eastland, TX Hilltop Land

      Hilltop lots overlooking golf course and Lake Leon in Eastland.
      Lot 3-4 Southview Lane, Eastland, TX 76448
      View Details

    FAQs

    What type of property is this?
    Commercial land - 5.03 acres of land with I-20 access in Eastland, TX.
    Where is this commercial land located?
    The property is located at Tbd I-20 Eastland, TX.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: High traffic volume due to location on the corner of Hwy 6 and I‑20.; Convenient access on and off I‑20.; Over 5 acres of land available for development.
    (855) 450-0442
    We can help!
    Listing Contact
    Suzanne Fulkerson
    Real Estate License ID: 0660781
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!