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    523d I-20 Pecos Tx Usa Hermosa, TX 79772

    For Sale
    $588,000

    10 Acres, I-20 Frontage, Ready to Build

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 10-acre commercial/industrial lot is ideally situated just west of Pecos, Texas, at the convergence of Interstate 20 and Business 20. The property boasts significant site improvements already completed, including grading, aggregate base (caliche), and drainage infrastructure. Located off the frontage road, this parcel offers convenient access and high visibility. While city services are planned for future installation following recent annexation by the city of Pecos, single-phase electricity is readily available via a meter drop at a nearby billboard. This is Lot 4 of a larger 60-acre development, with additional 10-acre tracts also available. Directions: Travel west 0.5 miles from the southern exit ramp at the I-20 and Business 20 intersection. Asking price is $588,000.

    Property Features for 523d I-20 Pecos Tx Usa

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • $588,000 asking price for 10 acres of commercial/industrial land.
    • Located in Pecos, Texas, just west of the I‑20 and Business 20 intersection.
    • Site improvements completed, including grading, aggregate, and drainage.
    • City services planned for future installation; single‑phase electricity available at the frontage road.
    • Additional acreage available (up to 60 acres total).
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hermosa
    County
    Reeves
    State
    Texas
    Longitude
    -103.56368832916
    Latitude
    31.403576190421

    Nearby Comparable

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    • $653,400
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    • $544,500
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      10-Acre Pecos Commercial Land

      Prime I-20 West Texas land, ready to develop.
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    • $3,500,000
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      835 Acres Pecos, TX Land

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    FAQs

    What type of property is this?
    Land - 10 Acres, I-20 Frontage, Ready to Build
    Where is this land located?
    The property is located at 523d I-20 Pecos Tx Usa Hermosa, TX.
    What is the asking price?
    The asking price for this property is $588,000.
    What are key features of this property?
    This property features: $588,000 asking price for 10 acres of commercial/industrial land.; Located in Pecos, Texas, just west of the I-20 and Business 20 intersection.; Site improvements completed, including grading, aggregate, and drainage.
    Request Owner's contact information
    523d I-20 Pecos Tx Usa Hermosa, 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
    523d I-20 Pecos Tx Usa Hermosa, TX 79772
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