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    16369A Us Highway 82 Petty, TX 75470

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    For Sale
    $700,000

    23.62 acres of US Highway 82 frontage in Petty, TX.

    Lot size:
    23.62 Acres

    Property Features for 16369A Us Highway 82

    General Information

    Lot size
    23.62 Acres

    Source: Coldwell Banker Apex, REALTORS Agent Dan Robertson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highway Frontage Land For Sale

    This property, designated as Tract A, features approximately 23.62 acres with frontage on US Highway 82. The location benefits from heavy traffic and high visibility on this main thoroughfare across North Texas. The property is in close proximity to Bois d'Arc Lake and Lake Ralph Hall. Also for sale separately is Tract B, which comprises 9.35 acres and includes a 24,000 square foot warehouse with a 20-foot clear height, four 16'x18' grade doors, and 300 amp, 120-240v electric service. Both tracts can be purchased together or separately. Seller financing is a possibility. The seller will not close before April 15, 2023, due to a 1031 Exchange.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Wholesale Shop Auto Repair Shop Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Petty
    County
    Lamar
    State
    Texas
    Longitude
    -95.805432
    Latitude
    33.608124

    FAQs

    What type of property is this?
    Land - 23.62 acres of US Highway 82 frontage in Petty, TX.
    Where is this land located?
    The property is located at 16369A Us Highway 82 Petty, TX.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: - Approximately 23.62 acres of US Highway 82 frontage.; - High traffic and visibility on US Highway 82.; - Possible seller financing.
    Request Owner's contact information
    16369A Us Highway 82 Petty, TX 75470
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    Petty, TX 75470
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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
    16369A Us Highway 82 Petty, TX 75470
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