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    523a I-20 Pecos Tx Usa Hermosa, TX 79772

    For Sale
    $653,400

    Prime I-20 Commercial Land, 10 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 10-acre commercial/industrial land parcel is ideally situated just west of Pecos, Texas, at the convergence of Interstate 20 and Business 20. The property boasts convenient frontage along the south frontage road and has already undergone significant site improvements, including grading, aggregate (caliche) base, and drainage infrastructure. Pecos recently annexed this land, paving the way for future city services installation. Single-phase electricity is readily available along the frontage road, with a meter drop conveniently located at a nearby billboard. This lot presents a unique opportunity for immediate development. The property is easily accessible, located approximately half a mile west of the southern exit ramp at the intersection of I-20 and Business 20. Note that this is one of several 10-acre tracts available, totaling up to 60 acres for larger-scale projects. The asking price for this specific 10-acre lot is $653,400. Broker co-op is available. The property's address is 523a W I-20, Pecos, TX 79772, located in Reeves County.

    Property Features for 523a I-20 Pecos Tx Usa

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • 10‑acre commercial/industrial lot in Pecos, TX, at I‑20 and Business 20 intersection.
    • Significant site improvements completed (grading, caliche base, drainage).
    • Convenient south frontage road access; single‑phase electricity available.
    • Recently annexed by Pecos, future city services anticipated.
    • $653,400 asking price; broker co‑op available; 523a W I‑20, Pecos, TX 79772.
    • Up to 60 acres total available for larger projects.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hermosa
    County
    Reeves
    State
    Texas
    Longitude
    -103.56617246156
    Latitude
    31.402712382297

    Nearby Comparable

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    • $544,500
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    • $653,400
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    • $544,500
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    • $588,000
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      Prime Pecos Commercial Land

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    • $3,500,000
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      835 Acres Pecos, TX Land

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    FAQs

    What type of property is this?
    Land - Prime I-20 Commercial Land, 10 Acres
    Where is this land located?
    The property is located at 523a I-20 Pecos Tx Usa Hermosa, TX.
    What is the asking price?
    The asking price for this property is $653,400.
    What are key features of this property?
    This property features: 10-acre commercial/industrial lot in Pecos, TX, at I-20 and Business 20 intersection.; Significant site improvements completed (grading, caliche base, drainage).; Convenient south frontage road access; single-phase electricity available.
    Request Owner's contact information
    523a I-20 Pecos Tx Usa Hermosa, TX 79772
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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
    523a I-20 Pecos Tx Usa Hermosa, TX 79772
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