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    12034 And Fm 1585 Wolfforth, TX 79382

    For Sale
    $1,031,000

    Prime Texas development land, excellent investment.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 10.52-acre commercial land parcel presents a compelling investment opportunity in Wolfforth, Texas. Located at 12034 S. CR 1300 and FM 1585, zip code 79382, this property boasts a highly desirable location, offering significant development potential. The land is zoned ETJ and is currently taxed as agriculture, with estimated annual taxes of $1,178. The property features an impressive 1,600 feet of frontage on CR 1300/South Reese Boulevard, providing excellent visibility and accessibility. Its strategic position is one block north of Loop 88/FM 1585, and CR 1300 is the only direct street connecting Wolfforth between FM 179 and Highway 62/82, ensuring convenient access to major transportation routes. This makes it ideal for a variety of commercial and industrial developments. While this listing focuses on the 10.52-acre tract, it's important to note that there are additional tracts available, totaling over 49 acres, offering potential for larger-scale projects. The asking price for this specific 10.52-acre parcel is $1,031,000. This property represents a rare opportunity to acquire prime commercial land in a rapidly growing area of Texas. Serious inquiries are encouraged.

    Property Features for 12034 And Fm 1585

    General Information

    Property type
    Land
    Lot Size
    458,251 SF

    HighLights

    • One block north of Loop 88/FM 1585 on CR 1300/South Reese Boulevard.
    • CR 1300 provides direct access to Wolfforth between FM 179 and Highway 62/82.
    • 1,600 feet of frontage on CR 1300/South Reese Boulevard.
    • Ag‑zoned; estimated annual taxes: $1,178.
    • Ideal for industrial development.
    • 49+ acres available; three tracts can be purchased individually or together.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wolfforth
    County
    Lubbock
    State
    Texas
    Longitude
    -102.0262873
    Latitude
    33.4761271

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    FAQs

    What type of property is this?
    Land - Prime Texas development land, excellent investment.
    Where is this land located?
    The property is located at 12034 And Fm 1585 Wolfforth, TX.
    What is the asking price?
    The asking price for this property is $1,031,000.
    What are key features of this property?
    This property features: One block north of Loop 88/FM 1585 on CR 1300/South Reese Boulevard.; CR 1300 provides direct access to Wolfforth between FM 179 and Highway 62/82.; 1,600 feet of frontage on CR 1300/South Reese Boulevard.
    (806) 523-0109
    Request Owner's contact information
    12034 And Fm 1585 Wolfforth, TX 79382
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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
    12034 And Fm 1585 Wolfforth, TX 79382
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