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    IH-20 And Crk 204 Lk Lake Colorado City, TX 79512

    For Sale
    Contact for pricing

    Texas I-20 Commercial Land Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 10-acre commercial land parcel presents a unique investment opportunity in Colorado City, Texas. Strategically located at the intersection of IH-20 and CR 204, this property boasts high visibility and convenient access to major transportation routes. The land is comprised of two contiguous sites, totaling 10 acres, situated on the south service road of IH-20. This prime location offers significant potential for a variety of commercial developments, benefiting from its proximity to the city's downtown area while maintaining easy access to the interstate. The property's expansive size allows for flexibility in development plans, accommodating large-scale projects or the potential for subdivision into smaller lots. Detailed site surveys and environmental reports are available upon request. This is an ideal location for businesses seeking high visibility and convenient access to a major transportation artery. The property's location in Colorado City, Texas, offers a growing market with opportunities for various commercial ventures. This is a rare opportunity to acquire a substantial commercial land parcel in a strategic location with excellent growth potential. The address is IH-20 and CR 204, Colorado City, TX 79512, within Mitchell County. The zip code is 79512.

    Property Features for IH-20 And Crk 204 Lk

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • 10‑acre commercial land parcel.
    • Located at the intersection of IH‑20 and CR 204 in Colorado City, Texas.
    • Situated in Mitchell County, Texas, zip code 79512.
    • West of Downtown Colorado City.
    • Two contiguous sites totaling 10 acres.
    • Located on the IH‑20 South Service Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lake Colorado City
    County
    Mitchell
    State
    Texas
    Longitude
    -100.909992
    Latitude
    32.391097

    Nearby Comparable

    • Contact for pricing

      Vacant Pad-Site on Interstate 20

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      633 W Interstate 20, Colorado City, TX 79512
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      2,730 SF

      Renovated Downtown Colorado City Property

      Renovated commercial property in Colorado City's growing downtown district.
      123 W 2Nd St, Colorado City, TX 79512
      View Details
    • $595,000

      Land For Sale

      Land available for sale in Colorado City, Texas.
      1505 Lcr 117, Colorado City, TX
      View Details

    FAQs

    What type of property is this?
    Land - Texas I-20 Commercial Land Opportunity
    Where is this land located?
    The property is located at IH-20 And Crk 204 Lk Lake Colorado City, TX.
    What are key features of this property?
    This property features: 10-acre commercial land parcel.; Located at the intersection of IH-20 and CR 204 in Colorado City, Texas.; Situated in Mitchell County, Texas, zip code 79512.
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    IH-20 And Crk 204 Lk Lake Colorado City, TX 79512
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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
    IH-20 And Crk 204 Lk Lake Colorado City, TX 79512
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