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Property profile & analytics
OFF-MARKET
Land

605 Service Rd Ferris, TX 75125

135.22 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 135.22-acre property in Ferris, Texas, presents a unique mixed-use development opportunity. Currently operating as the Old Brickyard Golf Course, the site boasts an 18-hole, 6,500-yard course built in 2001, including a 20,258 square foot clubhouse, cart warehouse, and maintenance shop. The property features approximately 4,000 linear feet of frontage on Interstate 45, a major thoroughfare with a daily traffic count of 47,437 vehicles. Its strategic location offers significant advantages, situated just 20 miles south of Dallas' central business district and directly adjacent to the ongoing Loop 9 construction and its interchange with IH-45. Across the interstate lies Woodstone, a conceptual master-planned community encompassing over 5,000 acres. While the existing golf course, with its practice facility, pro shop, and weekend bar and grill, generates current income, the land's true potential lies in its high-exposure mixed-use development possibilities, capitalizing on its prime location and substantial frontage. The property's zoning is CC - Commercial Corridor, allowing for a wide range of development options. Water access for irrigation is also available on-site. This presents a rare chance to acquire a large tract with significant existing infrastructure and immense future development potential.

Property profile
Verified
Property type Land
Lot 135.22 ac (5,890,183 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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