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    00 Fm 548 Forney, TX 75126

    Sponsored
    For Sale
    $875,000

    Prime Forney Land - Endless Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    343
    This exceptional 6.62-acre lot presents a unique investment opportunity in the rapidly expanding city of Forney, Texas. Located just outside the city limits, this property boasts a highly desirable, functional shape and flat terrain, making it ideal for a variety of uses. The expansive 400 feet of road frontage along FM 548 provides excellent visibility and accessibility. Currently unzoned, the land maintains an agricultural exemption, offering potential tax advantages. Utilities are readily available across FM 548, simplifying development plans. This prime location offers unparalleled convenience, situated only 20 miles east of Dallas and within a 10-15 minute drive of Rockwall and Terrell, placing it at the heart of several thriving communities. The area is experiencing significant planned development, promising continued growth and appreciation. The flat, usable land presents a blank canvas for creative development, making it an attractive proposition for both residential and commercial projects. This is a rare opportunity to acquire a substantial parcel of land in one of Texas' fastest-growing areas, offering significant potential for future returns. The property's size, location, and accessibility combine to create a compelling investment opportunity with endless possibilities. Don't miss this chance to secure a piece of Forney's burgeoning future. The asking price is $875,000.

    Property Features for 00 Fm 548

    General Information

    Property type
    Other commercial real estate
    Lot Size
    288,367 SF
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Forney
    County
    Kaufman
    State
    Texas
    Longitude
    -96.44906
    Latitude
    32.74126

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Forney Land - Endless Potential
    Where is this commercial real estate located?
    The property is located at 00 Fm 548 Forney, TX.
    What is the asking price?
    The asking price for this property is $875,000.
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    00 Fm 548 Forney, TX 75126
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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
    00 Fm 548 Forney, TX 75126
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