Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    55 Acres Prime Development Land Title is generated by Realmo AI

    Tbd Frontage I-30 Highway, Hooks, TX 75561

    View on Map
    Claim this Listing
    For Sale
    $2,500,000

    Unimproved Land - Hooks, TX

    Type:Unimproved Land
    Lot size:
    54.95 Acres
    Added:
    Feb 9, 2026
    Days on Market:
    102
    Last Refresh:
    May 22 at 11:06 am

    Property Features for Tbd Frontage I-30 Highway

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    13560005000
    Lot size
    54.95 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Sam Reid
    Sam Reid

    Listing agent Sam Reid License #0730482

    Listing office Berkshire HathawayHS Pondera 1406 Park Road 36, Graford, TX

    Listing date Feb 9, 2026

    MLS# 21017128 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.

    HighLights

    • 55 acres of prime land ready for development.
    • Located on I‑30, offering high visibility and accessibility.
    • Suitable for a variety of developments: commercial, industrial, or residential.
    • Ideal for major commercial establishments (e.g., Gas Station, Buc‑ee's, Walmart, Target).
    • Potential for income‑producing properties.
    • Subdividable, offering flexibility in development.

    Overview

    This property features 54.95 acres of unimproved land, presenting a development opportunity. The site is suitable for various projects, including residential neighborhoods, industrial buildings, commercial buildings, large gas stations, or retail developments such as Walmart or Target. It is also suitable for large strip centers for rental. Located on I-30, the land is ready to be developed and offers potential for income-producing properties.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Hooks
    County
    Bowie
    State
    Texas
    Longitude
    -94.2882
    Latitude
    33.474

    Nearby Similar for Sale

    • $59,900
      240 SF

      Corner Lot with Drive-Through

      Versatile commercial building with high traffic and flexible use.
      102 E Ave G, Hooks, TX 75561
      View Details
    • $129,900
      900 SF

      Prime Corner Lot on Highway

      Corner lot with high visibility, ideal for business ventures.
      13510 New Boston Rd., Hooks, TX 75561
      View Details
    • $57,000
      1,925 SF

      Retail Store with Drive-Through

      Commercial property with drive-through window, suitable for various uses.
      112 Main St, Hooks, TX 75561
      View Details
    • $385,000
      1,440 SF

      Turnkey Tiny Home Investment Property

      Four tiny homes near Texarkana, TX, with high occupancy rates.
      880 Presley, Hooks, TX 75561
      View Details
    • $17,000

      Land For Sale, Hooks, TX

      Commercial land available in Hooks, Texas.
      704 E Ave E, Hooks, TX 75561
      View Details
    • $15,000

      Land For Sale in Hooks

      Land available for commercial or residential use in Hooks, TX.
      2202 E Avenue B, Hooks, TX 75561
      View Details
    • $249,000
      7,892 SF

      Turnkey Church Property in Hooks

      Fully equipped church ready for immediate service in Hooks, TX.
      121 Roosevelt, Hooks, TX 75561
      View Details
    • $195,000

      Commercial Land I-30 Frontage

      1.79-acre commercial tract with high visibility and access.
      SPUR 86 & I30, Hooks, TX 75560
      View Details
    • $199,000

      Storage Complex in Hooks, TX

      Storage complex with 45 climate-controlled units on just under an acre.
      500 W Ave A, Hooks, TX 75561
      View Details
    • $195,000

      Prime Commercial Land I-30 Frontage

      1.79-acre commercial land with high visibility and I-30 access.
      Spur 86 & I30, Hooks, TX 75560
      View Details
    • $2,500,000

      Prime Land on I-30

      55 acres of land ready to be developed.
      Tbd I-30 Frontage, Hooks, TX 75561
      View Details
    • $42,000

      Residential Lot in Hooks, TX

      Quiet, private 1.218-acre rural lot with owner financing.
      CR 2107, Hooks, TX 75561
      View Details

    FAQs

    What type of property is this?
    Commercial land - 55 acres of land ready to be developed.
    Where is this commercial land located?
    The property is located at Tbd Frontage I-30 Highway Hooks, TX.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: 55 acres of prime land ready for development.; Located on I‑30, offering high visibility and accessibility.; Suitable for a variety of developments: commercial, industrial, or residential.
    (817) 806-4100
    We can help!
    Listing Contact
    Sam Reid
    Sam Reid
    Real Estate License ID: 0730482
    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

    Thank You for Inquiry
    Tbd Frontage I-30 Highway, Hooks, TX 75561
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!