1909 Fm 1903 Caddo Mills, TX 75135
- Commercial real estate
- 26.50 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1909 Fm 1903
- Lot size
- 26.50 lot acres
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Caddo Mills
- County
- Hunt
- State
- Texas
- Longitude
- -96.165150143574
- Latitude
- 33.035406968399
