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    2870 W Washington St Stephenville, TX 76401

    Picture of Land at W Washington St 2870, Stephenville, TX
    For Sale
    $13,500,000

    Unimproved Land - Stephenville, TX

    Type:Unimproved Land
    Lot size:
    20.00 Acres
    Days on Market:
    225
    Last Refresh:
    Dec 11 at 11:06 am

    Property Features for 2870 W Washington St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R000022384
    Parking features
    Other
    Lot size
    20.00 Acres

    Utilities

    Heating system
    Other (Heating), Zoned (Heating)
    Cooling system
    Zoned

    Building Details

    Flooring type
    Other
    Architectural style
    Other

    BROOKS LAND GALLERY, INC. (254) 965-5051

    Listing agent Chessney Fornes (254) 965-5051 License #0669033

    Listing date May 1, 2025

    MLS# 20200947 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    20 Acres Near Retailers

    This property features over 20 acres of unimproved land. It is situated just off the main thoroughfare through town and is located in close proximity to a hotel and various restaurants. The surrounding area includes national retailers and chain businesses such as Walmart, McDonald's, Starbucks, PastaFina, Bosque Shopping Center, Cotton Patch, Chicken Express, Chili's, Burkes Outlet, Staples, Bealls, Tractor Supply, La Quinta, and The Shops at Stephenville Place.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Spa & Massage Dental Office Restaurant Hair Salon Nail Salon Building Supply Gym & Fitness Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Stephenville
    County
    Erath
    State
    Texas
    Longitude
    -98.24046414
    Latitude
    32.19986139

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    FAQs

    What type of property is this?
    Land - 20+ acres of unimproved land near hotels and restaurants.
    Where is this land located?
    The property is located at 2870 W Washington St Stephenville, TX.
    What is the asking price?
    The asking price for this property is $13,500,000.
    What are key features of this property?
    This property features: - Over 20 acres of property.; - Prime location just off the main thoroughfare.; - Close proximity to national retailers and chain businesses.
    (254) 965-5051
    Request Owner's contact information
    2870 W Washington St Stephenville, TX 76401
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    Stephenville, TX 76401
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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
    2870 W Washington St Stephenville, TX 76401
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