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Property profile & analytics
OFF-MARKET
Commercial real estate

1985 County Road 223 Florence, TX 76527

3,000 SF 38.81 ac lot Built 2022
Property ID
US82-1519161
Property summary
AI-generated overview

This exceptional 38.81-acre property in Florence, Texas, presents a unique investment opportunity. Located just three minutes from US 183 North, this easily accessible location boasts a 3,000 square foot main hall, perfect for hosting large-scale events such as weddings and corporate gatherings. Multiple covered porches provide ample space for guests to relax and enjoy the picturesque surroundings. A separate bathroom building ensures convenience and comfort. The property also includes functional equestrian facilities, featuring corrals, a stable, and an arena, catering to a diverse range of potential uses. Extensive outdoor amenities include substantial built-in BBQ pits and cabanas, ideal for concessions or catering services. The property's beauty is further enhanced by a spring-fed lake, approximately one acre in size and fully stocked with fish. Currently under construction, a dedicated bride's quarters will offer breathtaking views of this tranquil lake. The surrounding countryside provides stunning vistas, creating an idyllic setting for any event or business venture. This versatile property offers a blend of event space, equestrian facilities, and natural beauty, making it an exceptional investment with significant potential for growth and profitability. The property is listed at $2,999,099.

Property profile
Verified
Property type Commercial real estate
Year built 2022
Total area 3,000 SF
Lot 38.81 ac (1,690,564 SF)
UPID US82-1519161
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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