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Property profile & analytics
OFF-MARKET
Commercial real estate

287 Hwy Dumas, TX 79029

Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 287 Highway in Dumas, Texas, presents a unique investment opportunity. Encompassing approximately 0.78 acres of land, this site boasts excellent visibility and accessibility directly off Highway 287, ensuring high traffic exposure for any business venture. Previously known as Schuman Elevators, the property offers significant potential for redevelopment or the establishment of a new commercial enterprise. The site's strategic location along a major highway provides unparalleled access to a substantial customer base. The asking price of $28,000 makes this an attractive proposition for entrepreneurs and investors seeking a foothold in the thriving Dumas market. Interested parties are encouraged to conduct a site visit to fully appreciate the property's potential and its prime location. The land's size and highway frontage offer a multitude of possibilities, from retail establishments to light industrial uses. This is a rare opportunity to acquire a well-positioned commercial parcel in a dynamic Texas town. Don't miss out on this chance to secure a piece of Dumas' commercial landscape. The property is ready for its next chapter.

Property profile
Verified
Property type Commercial real estate
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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