119 Meredith Ave Dumas, TX 79029
This exceptional 15.52-acre commercial land parcel presents a unique investment opportunity in Dumas, Texas. Strategically located within city limits, near the intersection of Texas Ave and East 5th St, this property boasts convenient access to FM 152 along its eastern boundary. The land is currently zoned Agricultural, offering flexibility for various commercial developments. Its prime location is further enhanced by its proximity to Dumas Intermediate School, medical and dental offices, a church, apartments, and residential areas, ensuring high visibility and potential for strong returns. The property's substantial size, measuring approximately 0.28 miles in width, provides ample space for a wide range of projects. Three-phase electricity is readily available along the western boundary, simplifying infrastructure development. This property offers a rare combination of size, location, and utility access, making it an ideal investment for developers seeking a high-impact project in a thriving Texas community. The asking price is $465,600. While there is no assigned address, the property is easily identifiable within the city limits of Dumas, Moore County, Texas, 79029.
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
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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.