Added: Jan 30, 2023Changed: Sep 5Last Checked: Sep 7 at 5:11AM
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Investment Insights
Based on property information with market context.
The High Hook Subdivision and Commercial Park, located just north of Pecos, Texas, is suitable for oilfield or commercial businesses that work in Reeves, Ward, Loving, and surrounding Counties. The subdivision features the Allison Crane and Rigging building and property, the High Hook Man Camp, and a total of 260+ acres, including 175 undeveloped acres in 29 lots. City water and fiber optics are available. The subdivision is located 2.5 miles from Pecos and 5 miles from the Airport. Orla is 36 miles away, and Odessa is 74 miles away. The Allison Crane & Rigging building is a 14,000 sqft commercial metal building with a lighted 6-acre stabilized yard on an 18-acre lot. Ground floor features include a 10,133 sqft shop with 4 drive-through bays (one wash bay), lobby, 4 offices, dispatch room, conference room, locker room, 2 bathrooms, storage rooms, mechanical room, and tool room. The second story features 7 bedrooms, 2 bathrooms, living rooms, a kitchen, and a training room. It has Highway 285 frontage and visibility, city water, and septic. The High Hook Man Camp includes 10 - 1500 sqft buildings with 6 rooms in each building, a common building (30'x60'), and a manager's house (3bd/2ba), city water, and septic. There are 175 acres in 29 undeveloped lots, platted and filed with Reeves County Public Records. Remaining lots range from 0.58 acres to 13.033 acres, with most around 5 acres. City water and fiber optics run down FM 1216 & Allison Crane road to Hwy 285. Current lease for Allison Crane & Rigging Property is through December 2027. Current lease for High Hook Man Camp is through December 2027. Income opportunities include selling or leasing the undeveloped lots and tap on fees for city water. The seller does not own any mineral estate; surface estate only.
Key Highlights
Prime location near Pecos, Texas, ideal for oilfield or commercial businesses.
Significant income potential from existing leases with Allison Crane & Rigging and High Hook Man Camp through December 2027.
175 acres of undeveloped land in 29 platted lots available for sale or lease.
Property Analytics
Current Use
Commercial land
Location Intelligence
Trade Area within ½ mile
Explore this area
Business Placement
Demographics for 79772, TX
13,867
Population
4,766
Households
2.9
Avg Household Size
37
Median Age
7%
College-Educated
71%
High-School Grad
1,048.8 sq mi
ZIP Area
13
Density / Sq Mi
$56,541
Median Household Income
$32,629
Median Earnings
$986
Median Rent
$116,000
Median Home Value
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Commercial land - Commercial park with leased buildings and undeveloped lots for sale.
Where is this commercial land located?
The property is located at Allison Crane Drive Pecos, TX.
What is the asking price?
The asking price for this property is $9,950,000.
What are key features of this property?
This property features: Prime location near Pecos, Texas, ideal for oilfield or commercial businesses.; Significant income potential from existing leases with Allison Crane & Rigging and High Hook Man Camp through December 2027.; 175 acres of undeveloped land in 29 platted lots available for sale or lease.
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