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    Hwy 82 Reno, TX 75462

    For Sale
    $210,000

    High-traffic Hwy 82 frontage; development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This 1.11-acre commercial land parcel presents a unique investment opportunity in Reno, Texas. Located on Highway 82 East, the property boasts significant road frontage, offering excellent visibility and accessibility for potential businesses. The high daily traffic count on Highway 82, combined with additional frontage on Mt. Olive Road, makes this site ideal for retail development. The property's location just outside of Reno, TX provides access to a growing community while maintaining a strategic position along a major thoroughfare. With its substantial size and prime location, this land offers developers the chance to create a thriving commercial venture. The asking price is $210,000. The property is zoned for commercial use (verification of zoning with local authorities is recommended). This is a rare opportunity to acquire a well-situated commercial lot with significant development potential in a desirable location. Serious inquiries are encouraged. The property address is Hwy 82 E, Reno, TX 75462. Lamar County is the county of location.

    Property Features for 0 Hwy 82

    General Information

    Property type
    Land
    Lot Size
    48,352 SF

    HighLights

    • $210,000 asking price.
    • 1.11‑acre commercial land parcel.
    • Located in Reno, Texas, on Hwy 82 E.
    • High traffic count and desirable road frontage.
    • Development potential for retail.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Reno
    County
    Lamar
    State
    Texas
    Longitude
    -95.4747883
    Latitude
    33.6631807

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    FAQs

    What type of property is this?
    Land - High-traffic Hwy 82 frontage; development potential.
    Where is this land located?
    The property is located at Hwy 82 Reno, TX.
    What is the asking price?
    The asking price for this property is $210,000.
    What are key features of this property?
    This property features: $210,000 asking price.; 1.11-acre commercial land parcel.; Located in Reno, Texas, on Hwy 82 E.
    Request Owner's contact information
    Hwy 82 Reno, TX 75462
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    Reno, TX 75462
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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
    Hwy 82 Reno, TX 75462
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