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    28 Abstract 1814 Hermosa, TX 79772

    For Sale
    $500,000

    Texas commercial land; SWD permit included.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 20-acre commercial land parcel presents a unique investment opportunity in Reeves County, Texas. Located near Mentone, this property boasts a significant advantage: an existing saltwater disposal (SWD) permit. This permit significantly enhances the property's value and potential uses, streamlining development processes and reducing associated costs. The land is identified as Block 2, Section 28, Abstract 1814, providing clear legal identification. Situated in the 79772 zip code, the property offers convenient access to local infrastructure and transportation routes. The expansive acreage provides ample space for a variety of commercial ventures, making it suitable for diverse development plans. Given the inclusion of the SWD permit, this property is particularly attractive to energy-related businesses or those requiring waste disposal solutions. The asking price is $500,000, representing a compelling investment opportunity in a strategically located Texas commercial land parcel. The property is held under individual ownership. No specific zoning is currently permitted. This presents an opportunity to shape the future use of the land to align with specific business needs. Serious inquiries are encouraged.

    Property Features for 28 Abstract 1814

    General Information

    Property type
    Land
    Lot Size
    871,200 SF

    HighLights

    • $500,000 asking price.
    • 20‑acre commercial land parcel.
    • Located in Reeves County, Texas, near Mentone (79772).
    • Includes a saltwater disposal permit.
    • Legal description: Block 2, Section 28, Abstract 1814.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hermosa
    County
    Reeves
    State
    Texas
    Longitude
    -103.675142
    Latitude
    31.676148

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    FAQs

    What type of property is this?
    Land - Texas commercial land; SWD permit included.
    Where is this land located?
    The property is located at 28 Abstract 1814 Hermosa, TX.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: $500,000 asking price.; 20-acre commercial land parcel.; Located in Reeves County, Texas, near Mentone (79772).
    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.

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    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
    28 Abstract 1814 Hermosa, TX 79772
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