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Property profile & analytics
OFF-MARKET
Land

173 Crk 3850 Poolville, TX 76487

31 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 31-acre property in Wise County, Texas, presents a unique investment opportunity. Located 5.5 miles north of Poolville and 12 miles northwest of Springtown, this expansive land boasts a substantial two-story office building featuring 11 offices, 4 cubicle stations, 3 bathrooms, 2 kitchenettes, and 2 conference rooms. Attached to the office is a combined shop and metal warehouse. Equine enthusiasts will appreciate the monitor-style horse barn with capacity for 42 stalls, constructed in 2019. An unfinished covered arena building is also present. Additional structures include a livestock barn with a chicken coop and a smaller barn. The property also includes a 2,569 square-foot, 1980s-era rock and wood frame home requiring repairs and updates. Situated outside city limits with no known restrictions, this versatile property offers numerous development possibilities, combining commercial and recreational potential. The asking price is $1,500,000, translating to $48,387 per acre. The property's address is 173 Cr 3850, Poolville, TX 76487.

Property profile
Verified
Property type Land
Lot 31 ac (1,350,360 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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