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    Perryton, TX 79070

    For Sale
    $225,000

    45 Acres, Residential/Commercial Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 45-acre property presents a unique investment opportunity in Perryton, Texas. Zoned for both residential and commercial development, this expansive tract offers significant flexibility for a variety of uses. The substantial acreage allows for the creation of a large-scale commercial project, perhaps a retail center, light industrial park, or multi-family housing development. Alternatively, the property could be subdivided into smaller lots for individual residential or commercial construction, catering to the growing needs of the Perryton community. The land's versatility makes it an attractive proposition for developers seeking a prime location with considerable expansion potential. Its location in Perryton offers access to established infrastructure and a growing market. This is a blank canvas for a visionary project, providing the chance to shape the future of a thriving Texas town. The asking price of $225,000 represents a compelling entry point into the Perryton real estate market, offering significant return potential for the right investor. Serious inquiries are encouraged to explore the possibilities this remarkable property offers. The property is currently vacant and ready for immediate development. Detailed zoning information and potential development plans can be provided upon request. Don't miss this chance to acquire a substantial land holding in a dynamic Texas market.

    Property Features for

    General Information

    Property type
    Other commercial real estate
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Perryton
    County
    Ochlitree
    State
    Texas
    Longitude
    -100.7995
    Latitude
    36.2798

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    FAQs

    What type of property is this?
    Commercial real estate - 45 Acres, Residential/Commercial Potential
    Where is this commercial real estate located?
    The property is located at Perryton, TX.
    What is the asking price?
    The asking price for this property is $225,000.
    (806) 922-5532
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    Perryton, TX 79070
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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
    Perryton, TX 79070
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