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    12150 Us Vernon, TX 76384

    For Sale
    $325,000

    4.84 Acres, High-Traffic Location, $325,000

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional business opportunity encompasses a substantial 4.84-acre parcel of land ideally situated at 12150 State Highway 70, Unit 12150, in Vernon, Texas. The property's prime location on a major state highway ensures high visibility and accessibility, making it an attractive prospect for a wide range of commercial ventures. The expansive acreage offers significant development potential, allowing for the construction of substantial buildings or the creation of ample parking and outdoor space. The strategic positioning along State Highway 70 guarantees consistent traffic flow, providing excellent exposure for any business established on the site. This presents a rare chance to acquire a significant land holding in a thriving Texas community. The asking price of $325,000 reflects the exceptional value and potential of this property. Serious inquiries are encouraged to explore the possibilities this remarkable location offers. The property is zoned for commercial use, providing flexibility for various business types. Given its size and location, this land is suitable for a variety of commercial developments, from retail spaces to light industrial facilities. The opportunity to secure such a large parcel in a desirable location is seldom available, making this a truly exceptional investment prospect. Don't miss this chance to establish your business in a high-traffic area with significant growth potential.

    Property Features for 12150 Us

    General Information

    Property type
    Investment properties
    Lot Size
    210,830 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Map

    City
    Vernon
    County
    Wilbarger
    State
    Texas
    Longitude
    -99.33788
    Latitude
    34.13266

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    FAQs

    What type of property is this?
    Investment property - 4.84 Acres, High-Traffic Location, $325,000
    Where is this investment property located?
    The property is located at 12150 Us Vernon, TX.
    What is the asking price?
    The asking price for this property is $325,000.
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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
    12150 Us Vernon, TX 76384
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