0 Fm 211 New Home, TX 79383
This exceptional 1.5-acre commercial and industrial land parcel presents a unique investment opportunity in the thriving town of New Home, Texas. Strategically located on FM 211 (Broadway Street), this property enjoys high visibility and accessibility, situated on a major thoroughfare. The asking price is $98,010, making it an attractive proposition for developers and businesses seeking a foothold in this dynamic area. The property's zoning allows for a variety of commercial and industrial uses, offering considerable flexibility for future development. Its substantial size provides ample space for construction projects, ensuring ample room for expansion and growth. The location in Lynn County, Texas, with a zip code of 79383, offers easy access to regional transportation networks and a growing local market. This prime location, combined with the attractive price point, makes this 1.5-acre lot an exceptional investment opportunity with significant potential for future returns. The property's coordinates are 33.32695738475825 latitude and -101.9182150197021 longitude. Don't miss this chance to acquire a valuable piece of land in a rapidly developing area.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.