0000 Farm Road 71 Sulphur Springs, TX 75482
This exceptional 15.7-acre commercial property in Sulphur Springs, Texas, presents a unique investment opportunity. Located at 0000 Farm Road 71, Hopkins County, zip code 75482 (33.1778784, -95.6037465), this unrestricted land boasts 569.5 feet of road frontage. The property offers a pleasing blend of wooded areas and open pasture, enhanced by the presence of a pond. Currently benefiting from an agricultural exemption for cattle grazing, the land is fully enclosed by barbed wire fencing. Utilities are readily available, with water and electricity already verified. Its strategic location offers easy access to recreational amenities like Cooper Lake State Park and enjoys convenient proximity to Interstate 30, approximately a 15-minute drive away. This versatile property is well-suited for a variety of uses, from residential development to agricultural pursuits, or any other commercial venture. The asking price is $235,500. Note that adjacent properties are also available for sale.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.