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Property profile & analytics
OFF-MARKET
Commercial real estate

1909 Fm 1903 Caddo Mills, TX 75135

26.5 ac lot
Entity Owned 2-yr Hold
Property ID
US82-4946928
Property summary
AI-generated overview

This exceptional 26.5-acre tract presents a unique investment opportunity in Caddo Mills, Texas. Strategically located just one mile from Interstate 30, this property boasts high visibility with over 5,500 vehicles passing daily, according to TXDOT data. The land itself is characterized by its flat, usable terrain and importantly, lies outside any designated flood zones. Currently enjoying an agricultural exemption, this site offers significant flexibility for future development. The property is situated within the city's extraterritorial jurisdiction (ETJ). The City of Caddo Mills is open to considering development plans for multi-family or industrial projects, contingent upon the installation of sewer lines (buyer to independently verify feasibility and associated costs). Nearby utilities are readily accessible, simplifying infrastructure development. This expansive parcel provides ample space for a variety of commercial, industrial, or residential projects, making it an attractive proposition for discerning investors seeking a prime location with excellent access and development potential. The property's size, location, and current agricultural exemption combine to create a compelling investment opportunity in a rapidly growing area. The absence of flood zones further enhances its desirability.

Property profile
Verified
Property type Commercial real estate
Lot 26.5 ac (1,154,340 SF)
UPID US82-4946928
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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Comparable Approach Comparable
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Owner & transaction history
Varas LLC · 2 yrs held
Varas LLC
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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