600 Preston St, Jacksonville, TX 75766
This exceptional 3.363-acre commercial land parcel is located at 600 Preston St., Jacksonville, Texas, 75766, in Cherokee County. Offered at $225,000, this represents a land value of $66,905 per acre. The property is part of a larger portfolio of excess land and improvements from Ardent Health Services, presenting a unique investment opportunity. The site's strategic location within Jacksonville offers significant potential for various commercial developments. This is a rare chance to acquire a sizable tract of land in a growing Texas market. The property's size and location make it suitable for a range of commercial uses, offering investors considerable flexibility and potential for substantial returns. The overall portfolio comprises approximately 47.54 acres, providing multiple value-add opportunities for investors seeking diverse holdings in the healthcare sector. This specific 3.363-acre parcel presents a compelling opportunity to capitalize on the strong market dynamics of Jacksonville, Texas. Further due diligence is recommended to fully assess the development potential of this prime commercial land. The property's coordinates are 31.9579475 latitude and -95.2698581 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.