Property profile

12034 And Fm 1585 Wolfforth, TX 79382

OFF-MARKET
Land
24 ac lot
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Property summary

AI-generated overview

This exceptional 24-acre commercial land parcel presents a unique investment opportunity in Wolfforth, Texas. Located at 12034 S CR 1300 and FM 1585, zip code 79382, this property boasts 1600 feet of frontage on CR 1300/South Reese Boulevard. Its strategic location is just one block north of Loop 88/FM 1585, offering unparalleled access and visibility. CR 1300 provides the only direct street connection between FM 179 and Highway 62/82 in Wolfforth, ensuring high traffic flow and exposure. Currently zoned ETJ, this land is ideal for industrial development. The property is taxed as agriculture, with estimated annual taxes of $1,762. This represents a significant opportunity for investors seeking high-growth potential in a rapidly developing area. While this 24-acre tract is available for purchase, note that the total acreage available for purchase in the area is over 49 acres. Serious inquiries are encouraged. Make an offer!

Property profile

Verified
Property type Land
Lot 24 ac (1,045,440 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12034 And Fm 1585 Wolfforth, TX 79382
Wolfforth metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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