1412 S Roberts Rd Ferris, TX 75125
- Commercial real estate
- 600 SF
- 12.41 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1412 S Roberts Rd
- Year built
- 2000
- Construction
- STEEL FRAME
- Lot size
- 12.41 lot acres
- Property size
- 600 SF
- Zone code
- Z268
- Property type
- Commercial real estate
- APN
- 65113341510080000
- APU
- 65113341510080000
Description
This exceptional 12.411-acre commercial property in Ferris, Texas, presents a unique investment opportunity. Located in the Dallas County extraterritorial jurisdiction (ETJ), this expansive lot is ideally suited for transportation storage or similar ventures. The property boasts a secure gated entry and a fully fenced yard, providing peace of mind and controlled access. A substantial gravel surface covers the lot, offering ample space for various uses. On-site improvements include a 2,000 square foot metal building, complete with readily available water, sewer, and electric connections, providing immediate operational capabilities. Its strategic location offers unparalleled accessibility, situated just five miles from the Dallas Transportation Hub (Intermodal Terminal) and a convenient fifteen-minute drive from Downtown Dallas. The property's level topography and commercial/light industrial zoning further enhance its appeal, making it a move-in-ready solution for businesses seeking a prime location. The asking price for this remarkable property is $2,500,000. This represents a significant opportunity to acquire a well-positioned, versatile commercial land parcel in a rapidly growing area. The combination of size, improvements, and location makes this an attractive investment for discerning buyers.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $335,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $430,000
- 6.5%
- $480,000
- 7%
- $410,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $385,000
- Geo Method
- $405,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $340,000
- Retail
- $425,000
- Mixed-Use
- $415,000
- Hospitality
- $345,000
- Educational
- $380,000
- Residential Income
- $365,000
- Energy
- $370,000
- Income-Based Land
- $420,000
- Food Service
- $430,000
Location Insight
- Map
- Local Demand
- City
- Ferris
- County
- Dallas
- State
- Texas
- Longitude
- -96.642
- Latitude
- 32.5654
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA