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    Of Ih 20 Pecos, TX 79772

    For Sale
    Contact for pricing

    Prime Pad Sites near major retailers

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    Exceptional commercial pad sites are available in Pecos, Texas, offering a unique investment opportunity. These sites are strategically located at the northwest corner of US Highway 285 and Interstate 20, a high-traffic area within a thriving retail and restaurant corridor. The property boasts excellent visibility and is directly adjacent to established businesses including Walmart, United Supermarkets, WoodSpring Suites, Staybridge Suites, Burger King, and Stripes, ensuring high foot traffic and brand recognition. The available land parcels range in size from 0.83 to 5 acres, providing flexibility for various development projects. Commercial zoning is already in place, simplifying the development process. Two specific options are available: approximately 2.663 acres priced at $12.00 per square foot, and approximately 5 acres priced at $6.00 per square foot. The area's demographics are favorable, with a 2021 population exceeding 13,000 within a 5-mile radius and an average household income surpassing $69,000. This presents a compelling opportunity for investors and developers seeking a prime location in a growing market. The information provided is believed to be accurate but is not guaranteed. All information is subject to change without notice.

    Property Features for 0 Of Ih 20

    General Information

    Property type
    Individual retail properties
    Lot Size
    36,155 SF

    HighLights

    • Strategically located pad sites in Pecos, TX at the northwest corner of US Hwy 285 and I‑20.
    • Adjacent to Walmart, United Supermarkets, WoodSpring Suites, Staybridge Suites, Burger King, and Stripes.
    • Located in a high‑traffic retail and restaurant corridor.
    • Commercially zoned lots ranging from 0.83 to 5 acres available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Pecos
    County
    Reeves
    State
    Texas
    Longitude
    -103.5016913
    Latitude
    31.4415071

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    FAQs

    What type of property is this?
    Individual retail property - Prime Pad Sites near major retailers
    Where is this individual retail property located?
    The property is located at Of Ih 20 Pecos, TX.
    What are key features of this property?
    This property features: Strategically located pad sites in Pecos, TX at the northwest corner of US Hwy 285 and I-20.; Adjacent to Walmart, United Supermarkets, WoodSpring Suites, Staybridge Suites, Burger King, and Stripes.; Located in a high-traffic retail and restaurant corridor.
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    Of Ih 20 Pecos, TX 79772
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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
    Of Ih 20 Pecos, TX 79772
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