287 Hwy Dumas, TX 79029
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.
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
Similar Nearby for Lease
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.