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    Patrick Pike Rd Wilmer, TX 75125

    For Sale
    $1,300,000

    Texas farmland, $1.3M, I-45 access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.3 million dollar agricultural property boasts an unparalleled location just minutes from Interstate 45 in Ferris, Texas, within Dallas County. Situated on Patrick Pike Rd, zip code 75125, this land presents a unique investment opportunity. Currently utilized for agricultural purposes, its versatility extends to a wide range of potential developments. The property's proximity to major transportation arteries makes it ideal for various commercial ventures, including RV or trucking-related businesses. The precise acreage is not specified, but the asking price reflects the significant value and potential of this strategically located land parcel. Given its prime location and diverse development possibilities, this property represents a compelling investment opportunity for discerning buyers seeking a foothold in the thriving Texas market. The coordinates are 32.5728343 latitude and -96.654608 longitude. The city listed on the property records is Ferris, TX, while Wilmer, TX is also noted as a verified city. This land offers significant potential for future growth and development.

    Property Features for 0 Patrick Pike Rd

    General Information

    Property type
    Farms

    HighLights

    • $1.3M agricultural property in Ferris, TX (Dallas County), minutes from I‑45.
    • Located on Patrick Pike Rd, zip code 75125.
    • Versatile land suitable for various commercial developments, including RV or trucking businesses.
    • Prime location offers significant future growth potential.
    • Coordinates: 32.5728343 latitude, -96.654608 longitude; also listed in Wilmer, TX.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wilmer
    County
    Dallas
    State
    Texas
    Longitude
    -96.654608
    Latitude
    32.5728343

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    FAQs

    What type of property is this?
    Farm - Texas farmland, $1.3M, I-45 access.
    Where is this farm located?
    The property is located at Patrick Pike Rd Wilmer, TX.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: $1.3M agricultural property in Ferris, TX (Dallas County), minutes from I-45.; Located on Patrick Pike Rd, zip code 75125.; Versatile land suitable for various commercial developments, including RV or trucking businesses.
    Request Owner's contact information
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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
    Patrick Pike Rd Wilmer, TX 75125
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