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    Property profile & analytics

    Pritchard Rd Commerce, TX 75428

    • Land
    • 16.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Pritchard Rd

    Lot size
    16.00 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Commerce
    County
    Hunt
    State
    Texas
    Longitude
    -95.8808
    Latitude
    33.2517

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    Pritchard Rd
    Commerce, TX 75428
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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
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