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    Tbd Tx-302 Mentone, TX 79754

    For Sale
    Contact for pricing

    82.6 Acres, Hwy 302 Frontage, Oilfield Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 82.6-acre commercial land parcel presents a unique investment opportunity in Mentone, Texas. Strategically located at the northeast corner of State Highway 302 and FM 867, this flat land boasts convenient highway frontage. The property enjoys excellent connectivity to key oilfield regions, situated approximately 1.5 miles south of Mentone's main intersection and 3.5 miles north of US-285. Previously, a 10-acre portion was leased for six water wells, complete with associated infrastructure (now removed). Remaining features include brine and freshwater tanks, sheds, and a brine pump, all of which have been removed. The property's proximity to key transportation arteries and the oilfield makes it highly suitable for various commercial ventures. The location is also approximately 3.5 miles from Target Hospitality worker lodging, and within a reasonable distance of Pecos (approximately 20 miles) and Orla (approximately 25 miles). This prime location offers significant potential for development and strategic investment in a thriving area. The property address is TBD TX-302, Mentone, TX 79754.

    Property Features for 0 Tbd Tx-302

    General Information

    Property type
    Land
    Lot Size
    3,598,056 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mentone
    County
    Loving
    State
    Texas
    Longitude
    -103.61481890043
    Latitude
    31.684684120575

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    FAQs

    What type of property is this?
    Land - 82.6 Acres, Hwy 302 Frontage, Oilfield Access
    Where is this land located?
    The property is located at Tbd Tx-302 Mentone, TX.
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    Tbd Tx-302 Mentone, TX 79754
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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

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    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
    Tbd Tx-302 Mentone, TX 79754
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