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    Fm 211 New Home, TX 79383

    For Sale
    $98,010

    1.5-acre lot, Main Thoroughfare, $98,010

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1.5-acre commercial and industrial land parcel presents a unique investment opportunity in the thriving town of New Home, Texas. Strategically located on FM 211 (Broadway Street), this property enjoys high visibility and accessibility, situated on a major thoroughfare. The asking price is $98,010, making it an attractive proposition for developers and businesses seeking a foothold in this dynamic area. The property's zoning allows for a variety of commercial and industrial uses, offering considerable flexibility for future development. Its substantial size provides ample space for construction projects, ensuring ample room for expansion and growth. The location in Lynn County, Texas, with a zip code of 79383, offers easy access to regional transportation networks and a growing local market. This prime location, combined with the attractive price point, makes this 1.5-acre lot an exceptional investment opportunity with significant potential for future returns. The property's coordinates are 33.32695738475825 latitude and -101.9182150197021 longitude. Don't miss this chance to acquire a valuable piece of land in a rapidly developing area.

    Property Features for 0 Fm 211

    General Information

    Property type
    Land
    Lot Size
    65,340 SF

    HighLights

    • 1.5‑acre lot
    • Main thoroughfare location
    • Asking price: $98,010
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    New Home
    County
    Lynn
    State
    Texas
    Longitude
    -101.9182150197
    Latitude
    33.326957384758

    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 1.5-acre lot, Main Thoroughfare, $98,010
    Where is this land located?
    The property is located at Fm 211 New Home, TX.
    What is the asking price?
    The asking price for this property is $98,010.
    What are key features of this property?
    This property features: 1.5-acre lot; Main thoroughfare location; Asking price: $98,010
    Request Owner's contact information
    Fm 211 New Home, TX 79383
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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
    Fm 211 New Home, TX 79383
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