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    Cm Rnch Rd Hermosa, TX 79772

    For Sale
    Contact for pricing

    300 Acres, Build-to-Suit Available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional opportunity encompasses over 300 acres of prime industrial land within the Pecos Industrial Park, situated on CM Ranch Road in Pecos, Texas (79772). The property offers a range of lot sizes, from 10 to over 23 acres, allowing for flexibility to accommodate various development needs. Larger parcels can be created by combining adjacent lots. The land is conveniently located outside city limits, offering the advantage of no zoning restrictions. Three-phase power is already installed along FM 869 and throughout CM Ranch Road, a chip-sealed asphalt road. Access to Interstate 20 is readily available via a paved road. This premier Delaware Basin location presents a strategic advantage for businesses seeking a strong logistical position. While each lot requires the installation of a water well and septic system, the seller is open to build-to-suit arrangements, as evidenced by previous successful projects. Pricing is competitive, with most lots at $12,500 per acre, while a premium lot (256 CM Ranch Rd) is priced at $18,500 per acre. Note that there is a restriction against commercial water sales

    Property Features for 0 Cm Rnch Rd

    General Information

    Property type
    Land
    Lot Size
    13,068,000 SF

    HighLights

    • 10‑23+ acre lots available.
    • 3‑phase power is installed and meter‑ready.
    • Asphalt chip‑sealed access via CM Ranch Rd.
    • Build‑to‑suit options available.
    • Individual lots require water wells and septic systems.
    • Paved road access to I‑20.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hermosa
    County
    Reeves
    State
    Texas
    Longitude
    -103.6362715
    Latitude
    31.3511246

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    FAQs

    What type of property is this?
    Land - 300 Acres, Build-to-Suit Available
    Where is this land located?
    The property is located at Cm Rnch Rd Hermosa, TX.
    What are key features of this property?
    This property features: 10-23+ acre lots available.; 3-phase power is installed and meter-ready.; Asphalt chip-sealed access via CM Ranch Rd.
    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.

    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
    Cm Rnch Rd Hermosa, TX 79772
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