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Property profile & analytics
OFF-MARKET
Commercial real estate

119 Meredith Ave Dumas, TX 79029

15.52 ac lot
Property ID
US82-6391452
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 15.52 ac (676,051 SF)
UPID US82-6391452
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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