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Property profile & analytics
OFF-MARKET
Commercial real estate

11023 Fm 1854 Dale, TX 78616

5.72 ac lot
Property ID
US82-4081409
Property summary
AI-generated overview

This exceptional 5.72-acre property in Dale, Texas, presents a unique investment opportunity. Located at 11023 FM 1854 in Caldwell County, zip code 78616, this land is already subdivided into two 2.84-acre legal lots (11 & 12), each measuring approximately 125 feet of frontage by 988 feet deep, providing a total of 250 feet of frontage along FM 1854, a Texas Department of Transportation highway. The property includes an existing 1,612 square foot, three-bedroom, two-bathroom manufactured home (built in 1998 and requiring repairs), and a 900 square foot metal building. Utilities include one Aqua water meter with two water lines (2-inch and 4-inch, allowing for a fire hydrant), and one Bluebonnet electric meter (additional meters permitted). A septic system is in place but requires inspection following drain pipe repair. The property's zoning allows for various development options, including four manufactured homes, four stick-built houses, or four duplexes. Legal subdivision into five 1-acre lots would allow for an additional dwelling. The asking price is $880,000, translating to approximately $139,860.14 per acre. The total lot size is 249,163 square feet. One driveway currently accesses both lots

Property profile
Verified
Property type Commercial real estate
Lot 5.72 ac (249,163 SF)
APN 010084900001100
UPID US82-4081409
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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