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    418 Us-87 Hwy Texline, TX 79087

    For Sale
    $130,000

    Prime 2.29-acre lot, high traffic area.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional commercial property, located at 418 US-87 Highway in Texline, Texas, presents a remarkable investment opportunity. The 2.29-acre lot boasts a high volume of daily traffic, making it ideally suited for a variety of commercial ventures. The existing structures comprise a retail space measuring 2668 square feet and a 432-square-foot warehouse. While the buildings require repairs, the significant acreage and prime location offer substantial upside potential. The property already features established RV spots, suggesting immediate possibilities for an RV park or similar development. Other potential uses include a restaurant, motel, or electric vehicle charging station. The relatively unrestricted zoning provides considerable flexibility for future development plans. This property is priced competitively at $130,000, representing an excellent value for its size, location, and potential. The high traffic count and ample space make this a rare find in Texline, Texas. Don't miss this chance to acquire a versatile commercial property with significant growth potential. Serious inquiries only.

    Property Features for 418 Us-87 Hwy

    General Information

    Property type
    Other commercial real estate
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Texline
    County
    Dallam
    State
    Texas
    Longitude
    -103.0187
    Latitude
    36.37341

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 2.29-acre lot, high traffic area.
    Where is this commercial real estate located?
    The property is located at 418 Us-87 Hwy Texline, TX.
    What is the asking price?
    The asking price for this property is $130,000.
    (806) 599-9900
    Request Owner's contact information
    418 Us-87 Hwy Texline, TX 79087
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    Texline, TX 79087
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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
    418 Us-87 Hwy Texline, TX 79087
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