Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Level Land Near Atlanta Title is generated by Realmo AI

    FM 2328, Atlanta, TX 75551

    View on Map
    Claim this Listing
    For Sale
    $119,000

    LAND - Atlanta, TX

    Lot size:
    12.27 Acres
    Added:
    Mar 12, 2026
    Days on Market:
    71
    Last Refresh:
    May 21 at 10:06 pm

    Property Features for FM 2328

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    12.27 Acres

    Utilities

    Sewer type
    Septic Tank

    We can help!

    Listing Contact
    Stuart Smith

    Listing agent Stuart Smith License #637164

    Listing office Superior Realty 506 W Main St., Texarkana, TX

    Listing date Mar 12, 2026

    MLS# 115759 Listing URL

    Copyright © 2026 Texarkana Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 12.2 Acres of Land
    • Located Just Outside Atlanta City Limits
    • Approximately 6 Acres in Hay Meadow
    • 350 ft of Road Frontage on FM 2328
    • Conveniently located 2.5 Miles from Walmart
    • Two Access Points from CR 3110 (485 ft of County Road Frontage)

    Overview

    This is a 12.2-acre parcel of land located just outside the Atlanta city limits on FM 2328, approximately 2.5 miles from Walmart. The property features approximately 6 acres of level hay meadow on the north end, with 350 feet of road frontage on FM 2328. The remaining 6 acres consist of mixed timber, accessible from two points on CR 3110, totaling 485 feet of county road frontage. The property offers various possibilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Atlanta
    County
    Cass
    State
    Texas
    Longitude
    -94.194528
    Latitude
    33.062405

    Nearby Similar for Sale

    • $599,000
      3,600 SF

      Restaurant and Storage Investment Property

      Turn-key restaurant with storage units on 8 acres.
      9318 N Hwy 59, Atlanta, TX 75551
      View Details
    • $275,000
      3,600 SF

      Downtown Atlanta Commercial Building For Sale

      3,600 SF mixed-use building in historic downtown Atlanta, TX.
      213 N West, Atlanta, TX 75551
      View Details
    • $385,000
      1,650 SF

      Modern Commercial Facility on Highway

      2019 construction with office, warehouse, and dock space.
      1817 W Main St, Atlanta, TX 75551
      View Details
    • $417,210
      1,200 SF

      Versatile Commercial Property in Atlanta

      Turnkey commercial complex with showroom, warehouse, and automotive facilities.
      507-511 E MAIN, Atlanta, TX 75551
      View Details
    • $129,900
      1,580 SF

      Main Street Office Building

      Charming office building on Main Street in Atlanta, Texas.
      507 W MAIN ST, Atlanta, TX 75551
      View Details
    • $45,000
      3,760 SF

      Versatile Commercial Space, Atlanta, TX

      3,760 sqft commercial space with potential in Atlanta, TX.
      1055 Collins, Atlanta, TX 75551
      View Details
    • $369,900
      6,600 SF

      High-End Commercial Building on Highway

      6600' commercial building on almost 2 acres with highway frontage.
      2820 W Main, Atlanta, TX 75551
      View Details
    • $89,900
      1,470 SF

      Office Building on Large Lot

      Office building on 7.05 acres with development potential.
      481 HWY 43, Atlanta, TX 75551
      View Details
    • $299,999
      2,580 SF

      Established Coffee Shop Opportunity

      Profitable, turn-key coffee shop with loyal customer base.
      111 E MAIN, Atlanta, TX 75551
      View Details
    • $4,500,000
      65,212 SF

      Atlanta Manufacturing/Industrial Building For Sale

      65,212 SF manufacturing building on 6.44 acres for sale.
      401 loop 59, Atlanta, TX 75551
      View Details
    • $218,000
      4,644 SF

      Turnkey Atlanta Multifamily Investment

      Two fully occupied duplexes, immediate rental income, remodeled units.
      508 N Louise St, Atlanta, TX 75551
      View Details
    • $229,000
      4,112 SF

      Live/Work Property with Highway Frontage

      Commercial property with office and apartment, ideal for live/work.
      N, Atlanta, TX 75551
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 12.2 acres of land outside Atlanta city limits.
    Where is this agricultural land / farmland located?
    The property is located at FM 2328 Atlanta, TX.
    What is the asking price?
    The asking price for this property is $119,000.
    What are key features of this property?
    This property features: 12.2 Acres of Land; Located Just Outside Atlanta City Limits; Approximately 6 Acres in Hay Meadow
    (903) 824-2281
    We can help!
    Listing Contact
    Stuart Smith
    Real Estate License ID: 637164
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    FM 2328, Atlanta, TX 75551
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!