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    285 Pecos Tx Usa Pecos, TX 79772

    For Sale
    $1,967,500

    466 Acres, Mixed-Use Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 466-acre property presents a rare opportunity for significant commercial or residential development in Pecos, Texas. Strategically located just two miles north of Business 20 on Highway 285, this expansive land parcel boasts extensive road frontage on three major roadways: Highway 285 (on both sides), FM 1216, and County Road 402 (on both sides). The property's size and accessibility make it ideal for a wide range of projects. Its proximity to Pecos offers convenient access to essential services and infrastructure. The location, just 0.75 miles from Highway 285 via FM 1216 and one mile from Highway 285 via CR 40, ensures excellent visibility and connectivity. The asking price for this substantial land holding is $1,967,500. This represents a unique chance to acquire a large, versatile tract of land with significant development potential in a growing Texas market. The property is being offered as surface estate only. Detailed surveys and site plans are available upon request. Don't miss this chance to secure a prime piece of Texas real estate. Contact us today to learn more about this exceptional investment opportunity.

    Property Features for 285 Pecos Tx Usa

    General Information

    Property type
    Mixed-use properties
    Lot Size
    20,298,960 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pecos
    County
    Reeves
    State
    Texas
    Longitude
    -103.6362715
    Latitude
    31.3511246

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    FAQs

    What type of property is this?
    Mixed-use property - 466 Acres, Mixed-Use Development Potential
    Where is this mixed-use property located?
    The property is located at 285 Pecos Tx Usa Pecos, TX.
    What is the asking price?
    The asking price for this property is $1,967,500.
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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
    285 Pecos Tx Usa Pecos, TX 79772
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