0000 Caddo
Commerce, TX 75428
- – beds
- – baths
- – sqft
- ~5 acre lot
- – on site
Prime Development Opportunity in Commerce, TX - 4.966 Acres (2 lots being sold as 1) Exceptional development opportunity awaits in Commerce with this expansive 4.966-acre property consisting of two combined lots. This versatile land parcel offers tremendous potential for various development scenarios including residential subdivisions, multi-family housing, or a spectacular custom home with amazing space. The property boasts strategic positioning with excellent access to major thoroughfares, ensuring convenient connectivity throughout the city. Located within walking distance to local restaurants, retail establishments, and East Texas A&M University, this land offers the perfect blend of convenience and opportunity. Investors and developers will appreciate the prime location that appeals to students, faculty, and local residents alike. This lot is situated within an Opportunity Zone, a federal program established by the 2017 Tax Cuts and Jobs Act to encourage long-term investment in economically distressed communities. ? Investors can benefit from capital gains tax incentives when they reinvest in Qualified Opportunity Funds that support development in these zones.
Last checked:
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Last updated Mar 12, 2025
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MLS# 20864728 —
Location
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Directions:Live Oak to W. Neal St. Left on Neal. Lot is at the intersection of Neal and Caddo.
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Latitude:33.25059386
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Longitude:-95.90872055
The Property
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Property Type:Land
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Property Subtype:Improved Land
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Parcel Number:70312
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Lot Features:Acreage, Interior Lot, Irregular Lot, Many Trees
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Lot Size:3 to < 5 Acres
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Lot Size SqFt:216318.9600
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Lot Size Acres:4.9660
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Lot Size Area:4.9660
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Lot Size Units:Acres
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Easements:Utilities
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Restrictions:Development, Easement(s)
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Zoning Description:Residential. Contact P&Z with questions: 903-886-1101
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Road Surface Type:Asphalt
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Will Subdivide:Yes
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20864728
Utilities
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Utilities:Asphalt, City Sewer, City Water, Electricity Available, Overhead Utilities
Schools
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School District:Commerce ISD
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Elementary School:Commerce
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Elementary School Name:Commerce
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Middle School Name:Commerce
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High School Name:Commerce
The Community
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Subdivision Name:Orig Town of Commerce
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Association Type:None
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Development Status:City Limits, Other
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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3/7/25
Mar 7, 2025
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Price Changed | NTREIS | $250,000 | -90.0% |
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3/7/25
Mar 7, 2025
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Listed / Active | NTREIS | $2,500,000 |
