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Property profile & analytics
OFF-MARKET
Land

1230 Fm 155 Weimar, TX 78962

88.46 ac lot
Property ID
Property summary
AI-generated overview

Exceptional 88.46-acre tract in Weimar, Texas, strategically located just off I-10 South on FM 155. Boasting significant road frontage on both FM 155 (approximately 1684 feet) and CR 240 (approximately 976 feet), this property offers unparalleled accessibility. Existing infrastructure includes a water well and electricity, simplifying development. Currently enjoying agricultural exemption, the land presents diverse development possibilities, including commercial ventures, warehouse/distribution facilities, mobile home parks, and more. Its prime location makes it an ideal candidate for solar and battery energy projects, further enhanced by the proximity of a 138 kV substation on the west side and a 138 kV transmission line running through the property. An additional tax incentive of $1.32/MWH is available for developers. The property's versatility, infrastructure, and location combine to create a compelling investment opportunity with high potential for significant returns. While the existing structures (2107 sq ft, built in 1957) are noted, the primary value lies in the expansive, buildable acreage. This is a rare chance to acquire a large, well-situated parcel in a rapidly growing area. The asking price is $3,538,400, translating to $40,000 per acre.

Property profile
Verified
Property type Land
Lot 88.46 ac (3,853,318 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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