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Property profile & analytics
OFF-MARKET
Land

0 Us-82 Nocona, TX 76255

40 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 40-acre property boasts 1400 feet of frontage on Highway 82, just west of Nocona, Texas, in Montague County (zip code 76255). Its versatile zoning allows for a multitude of development options, catering to diverse investment strategies. Imagine building a secluded country home on the rear portion of the land, away from highway noise, or developing residential lots to capitalize on the high demand for housing. Alternatively, the significant highway frontage presents a prime opportunity for commercial development. The property's location offers easy access to Nocona and surrounding areas. Electricity is readily available on-site, simplifying infrastructure development. This individually owned land presents a unique chance to acquire a substantial parcel with significant highway visibility and diverse development potential. While the current acreage is 40 acres, there's a possibility of acquiring additional land, expanding the investment opportunity even further. The asking price for this remarkable property is $460,000.

Property profile
Verified
Property type Land
Lot 40 ac (1,742,400 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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