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    101 W 16Th St Mount Pleasant, TX 75455

    For Sale
    $2,650,000

    Land - Mt Pleasant, TX

    Lot size:
    2.90 Acres
    Days on Market:
    197
    Last Refresh:
    Dec 10 at 7:06 pm

    Property Features for 101 W 16Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Lot size
    2.90 Acres

    Building Details

    Year built
    1960
    Architectural style
    Other

    Patrick Redfearn Realty LLC (903) 717-8130 [email protected]

    Listing agent Dean Jennings (903) 717-8130 License #0700472

    Listing date May 28, 2025

    MLS# 25001485 Listing URL

    Copyright © 2025 Greater Tyler Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land on Highway 67

    This commercial land is located at the corner of N Jefferson & W 16th St in Mount Pleasant, Texas, strategically positioned along US Highway 67. The 2.895-acre lot is a developable site with potential for various commercial ventures. It is situated in a revitalized area of Mount Pleasant, benefiting from high traffic counts. The property is currently occupied by a dated motel structure. The location provides convenient access to local businesses, restaurants, retail centers, and community amenities. It is located near I-30 exits and downtown Mount Pleasant. The zoning is commercial, making it an attractive investment with development and appreciation potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Colonial House Hotel Hotel

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mount Pleasant
    County
    Titus
    State
    Texas
    Longitude
    -95.0021819
    Latitude
    33.1642779

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    FAQs

    What type of property is this?
    Commercial land - Developable commercial land with high visibility and traffic count.
    Where is this commercial land located?
    The property is located at 101 W 16Th St Mount Pleasant, TX.
    What is the asking price?
    The asking price for this property is $2,650,000.
    What are key features of this property?
    This property features: - Prime commercial lot on US Highway 67 with **high visibility**.; - Located in a revitalized area of Mount Pleasant with **high traffic counts**.; - Exceptional potential for various commercial ventures.
    (903) 717-8130
    Request Owner's contact information
    101 W 16Th St Mount Pleasant, TX 75455
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    Mount Pleasant, TX 75455
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101 W 16Th St Mount Pleasant, TX 75455
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