484 Cr-415 Verhalen, TX 79772
This exceptional 520-acre tract of land presents a compelling investment opportunity in Reeves County, Texas. Located just outside the thriving town of Pecos, this expansive property offers unparalleled access via County Roads 419, 408, and 415, providing ample road frontage. The property's strategic location near Pecos, a town experiencing significant growth and high demand for housing, makes it perfectly positioned for subdivision into smaller lots suitable for residential or commercial development. The asking price is $1,224,000, translating to $2,353.85 per acre, reflecting the land's considerable value and potential for future appreciation. This substantial acreage provides developers with the flexibility to create a diverse range of projects, catering to the area's growing needs. The property's proximity to Pecos ensures convenient access to essential amenities and services, further enhancing its appeal. This is a rare opportunity to acquire a large parcel of land in a dynamic market, poised for significant growth and development. The property's size and location make it an ideal investment for those seeking to capitalize on the burgeoning real estate market in the Pecos area. The land is zoned for both commercial and residential use.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.