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    118 Co Rd Verhalen, TX 79772

    For Sale
    $90,000

    Texas industrial land, seller financing available.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 5.04-acre industrial lot is situated in Reeves County, Texas, near Pecos (zip code 79772). Located off paved County Road 118, it enjoys convenient access, being only 3 miles south of Interstate 20. The lot, designated as Lot 5 within an 8-lot industrial park, offers significant potential. Measuring 331 feet by 632 feet, it provides ample space for various industrial uses. Utilities are readily available, with both single-phase and three-phase power situated on the right-of-way. A survey is available upon request. The asking price is $90,000, and seller financing is an attractive option. Alternatively, the property is also available for lease at a monthly rate of $2,000. This presents a unique opportunity for businesses seeking a strategic location in a growing area. The property's precise location can be viewed via a provided map link. No zoning is currently permitted.

    Property Features for 118 Co Rd

    General Information

    Property type
    Land
    Lot Size
    219,542 SF

    HighLights

    • $90,000 asking price.
    • 5.04‑acre industrial land lot.
    • Located in Pecos, TX (Reeves County).
    • Seller financing available.
    • Also available for lease at $2,000/month.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Verhalen
    County
    Reeves
    State
    Texas
    Longitude
    -103.49605745704
    Latitude
    31.362396100885

    Nearby Comparable

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    • New
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      122 Acres in Pecos, TX

      122 acres in Pecos, TX, ideal for farming/development.
      331 County Rd, Pecos, TX 79772
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    • $750,000
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      Prime Pecos Industrial Property

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Texas industrial land, seller financing available.
    Where is this land located?
    The property is located at 118 Co Rd Verhalen, TX.
    What is the asking price?
    The asking price for this property is $90,000.
    What are key features of this property?
    This property features: $90,000 asking price.; 5.04-acre industrial land lot.; Located in Pecos, TX (Reeves County).
    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
    118 Co Rd Verhalen, TX 79772
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