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Property profile & analytics
OFF-MARKET
Land

0 Pritchard Rd Commerce, TX 75428

16 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 16-acre property in Commerce, Texas, presents a unique dual-use opportunity. Currently zoned for industrial use, the land boasts pre-approved residential zoning, paving the way for a diverse range of development projects. Located on Pritchard Rd, Hunt County, zip code 75428, this expansive lot offers significant potential for both residential and industrial ventures. The city has already granted approval for the construction of single-family homes, making it an ideal site for a residential development. Furthermore, a draft plat for a 56-home subdivision is prepared and ready for city review, streamlining the process for developers interested in residential construction. The property's existing industrial zoning provides flexibility for those seeking industrial development opportunities. Its prime location in Commerce, TX, offers convenient access to essential infrastructure and amenities. With its substantial size and versatile zoning, this property represents a compelling investment for developers seeking a high-impact project in a thriving Texas community. The latitude and longitude coordinates are 33.2517055, -95.8808252 respectively. This is a project-ready site for developers seeking either residential or industrial development.

Property profile
Verified
Property type Land
Lot 16 ac (696,960 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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