Cm Rnch Rd Hermosa, TX 79772
- Land
- 300.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Cm Rnch Rd
- Lot size
- 300.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional opportunity encompasses over 300 acres of prime industrial land within the Pecos Industrial Park, situated on CM Ranch Road in Pecos, Texas (79772). The property offers a range of lot sizes, from 10 to over 23 acres, allowing for flexibility to accommodate various development needs. Larger parcels can be created by combining adjacent lots. The land is conveniently located outside city limits, offering the advantage of no zoning restrictions. Three-phase power is already installed along FM 869 and throughout CM Ranch Road, a chip-sealed asphalt road. Access to Interstate 20 is readily available via a paved road. This premier Delaware Basin location presents a strategic advantage for businesses seeking a strong logistical position. While each lot requires the installation of a water well and septic system, the seller is open to build-to-suit arrangements, as evidenced by previous successful projects. Pricing is competitive, with most lots at $12,500 per acre, while a premium lot (256 CM Ranch Rd) is priced at $18,500 per acre. Note that there is a restriction against commercial water sales
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hermosa
- County
- State
- Texas
- Longitude
- -103.636
- Latitude
- 31.3511
