Technical
Financial
Distress signals
Property profile

118 Co Rd Verhalen, TX 79772

OFF-MARKET
Land
5.04 ac lot
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Property summary

AI-generated overview

This exceptional 5.04-acre industrial lot is situated in Reeves County, Texas, near Pecos (zip code 79772). Located off paved County Road 118, it enjoys convenient access, being only 3 miles south of Interstate 20. The lot, designated as Lot 5 within an 8-lot industrial park, offers significant potential. Measuring 331 feet by 632 feet, it provides ample space for various industrial uses. Utilities are readily available, with both single-phase and three-phase power situated on the right-of-way. A survey is available upon request. The asking price is $90,000, and seller financing is an attractive option. Alternatively, the property is also available for lease at a monthly rate of $2,000. This presents a unique opportunity for businesses seeking a strategic location in a growing area. The property's precise location can be viewed via a provided map link. No zoning is currently permitted.

Property profile

Verified
Property type Land
Lot 5.04 ac (219,542 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

118 Co Rd Verhalen, TX 79772
Verhalen metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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