Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    County Road 15100 Blossom, TX 75435

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    County Road 15100 Blossom, TX 75435

    View on Map
    • Land
    • 331.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 County Road 15100

    Lot size
    331.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 331-acre agricultural property in Lamar County, Texas, presents a compelling investment opportunity. Located southeast of Paris, Texas, near Deport, this high-yield farm boasts approximately 310 acres of tillable land, ideal for row crop cultivation. The soil composition includes a mix of Class II and Class III soils, featuring both clay and loam, ensuring diverse planting options. Mustang Creek traverses the northeast portion of the property, providing a natural water source. Currently leased on an annual basis at an attractive rate, the tenant is open to extending the lease agreement. The property's APN numbers are 0-10327-00000-0010-00, 0-10667-00000-0090-00, 0-10327-00000-0080-00, 44056, 44055, 44054, 42113, and 42114. The asking price for this productive farmland is $1,245,000. The property is conveniently located at County Rd 15100, Blossom, TX 75435. This property offers significant potential for agricultural production and long-term investment returns. Contact for details.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Blossom
    County
    Lamar
    State
    Texas
    Longitude
    -95.3347
    Latitude
    33.5811

    Comparable in this City

    • Value Estimation by Request
      185.00 Acres

      1 County Road 15100

      Farms • 185.00 Acres
      1 County Road 15100, Blossom, TX 75435
      View Details
    • Value Estimation by Request
      134.77 Acres

      Us-271

      Farms • 134.77 Acres
      0 Us-271, Deport, TX 75435
      View Details
    • Value Estimation by Request
      145.00 Acres

      2 County Road 15220

      Farms • 145.00 Acres
      2 County Road 15220, Deport, TX 75435
      View Details
    • Value Estimation by Request
      2.65 Acres

      174 Choctaw St

      Land • 6,500 SF
      174 Choctaw St, Deport, TX 75435
      View Details
    • Value Estimation by Request
      0.02 Acres

      Grey St

      COMMERCIAL (GENERAL) • 0.02 Acres
      Grey St, Deport, TX 75435
      View Details
    • Value Estimation by Request
      4,454 SF

      166 Dewey St

      INDUSTRIAL (GENERAL) • 4,454 SF
      166 Dewey St, Deport, TX 75435-2319
      View Details

    Similar Nearby for Sale

    • $1,312,000
      328.00 Acres

      328 Acres Ranch in Deport, TX

      328-acre ranch featuring pasture, timber, and a lake.
      Tbd County Rd 1222, Deport, TX 75435
      View Details
    • $595,000
      70.00 Acres

      Productive Farmland with Highway Access

      70 acres of fertile land with highway frontage potential.
      S Hwy 271 Hwy, Deport, TX 75435
      View Details
    • $6,500,000
      650.18 Acres

      Productive Farm with Metal Shop

      650-acre farm with excellent soils and a 40x60 metal shop.
      00 Farm, Deport, TX 75435
      View Details
    • $325,000

      30 Acre Ranch in Prairieland

      Ranch-style home on 30 acres in Prairieland ISD.
      1905 Fm 1501, Deport, TX 75435
      View Details
    • $200,000
      6,500 SF

      Deport Farm Supply Business Opportunity

      Commercial business opportunity in Deport, TX, with room to expand.
      174 Choctaw St, Deport, TX 75435
      View Details
    • $453,600
      43.00 Acres

      Versatile Land with Stocked Ponds

      43-acre property with ponds, pasture, woods, and farmhouse near Paris.
      9253 Us Highway 271, Deport, TX 75435
      View Details
    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.
    County Road 15100
    Blossom, TX 75435
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!