Property profile

I-20 And Hwy Carbon, TX 76435

OFF-MARKET
Land
76 ac lot
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Property summary

AI-generated overview

This exceptional 76-acre commercial land parcel presents a unique investment opportunity in Strawn, Texas. Strategically located at the major intersection of Interstate 20 and Highway 16, this property boasts unparalleled visibility and accessibility. Its location midway between Dallas/Fort Worth and Abilene provides convenient access to a large regional market. The land is currently AG exempt and offers significant potential for diverse development, including restaurants, RV parks, retail spaces, hotels, light industrial uses, truck stops, and travel centers. Water and power are readily available at the site. This property is adjacent to the Big Bear Mountain residential development, adding to its appeal and potential for synergistic growth. An 11-minute drive from the soon-to-open Palo Pinto Mountains State Park (opening in 2025) further enhances its desirability. The property is situated within an Opportunity Zone, providing substantial tax incentives for qualified investors. Preliminary site analysis suggests potential development scenarios: a 2-acre pad for a hotel or restaurant could yield $522,720 at $6 per square foot, while a 25.7-acre pad for industrial use could generate $2,238,984 at $2 per square foot. The Big Bear Travel Center is currently under contract, indicating strong market demand in the area. This is a rare opportunity to acquire a large, highly visible tract of land with significant development potential in a rapidly growing region. The property's location and features make it an ideal investment for both short-term and long-term growth.

Property profile

Verified
Property type Land
Lot 76 ac (3,310,560 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

I-20 And Hwy Carbon, TX 76435
Carbon metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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