0 Pritchard Rd, Commerce, TX 75428
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.