173 Crk 3850 Poolville, TX 76487
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.
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
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