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    The Largest CRE Database in the US with Over 1 Million Listings

    7517 Us Highway 67 Stephenville, TX 76401

    Sponsored
    For Sale
    $950,000

    Industrial - Stephenville, TX

    Type:Industrial
    Property size:
    7,900 SF
    Lot size:
    4.44 Acres
    Days on Market:
    12
    Last Refresh:
    Jan 26 at 1:06 pm

    Property Features for 7517 Us Highway 67

    General Information

    Property type
    Commercial Sale
    Property subtype
    Industrial
    Standard status
    Active
    APN
    R000018901
    Parking features
    Driveway
    Size
    7,900 SF
    Lot size
    4.44 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1985
    Flooring type
    Concrete, Vinyl
    Building materials
    Metal Siding, Stone
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Shawn Stone

    Keller Williams Heritage West (254) 335-0500

    Listing agent Shawn Stone (254) 335-0500 License #668917

    Listing date Jan 15, 2026

    MLS# 20722289 Listing URL

    Copyright © 2026 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.

    Learn more

    Property Insight Report

    Overview

    Versatile Highway Frontage Property

    This multi-use property, situated on 4.35 acres along US Highway 67, presents various opportunities. It features a 2,100 square-foot brick house with three bedrooms and two bathrooms, designed with an open concept, KitchenAid appliances, and a master suite that includes a walk-in shower. Additionally, the property includes a 4,600 square-foot metal building equipped with six roll-up doors ranging from 13 to 15 feet in height and 50 amp electricity. There is also a 3,300 square-foot metal building that has two 13-foot roll-up doors and a second story suitable for storage. An 800 square-foot modular home with metal covering for parking is also on the premises. Both metal buildings are fitted with new LED lighting. The property, accessible via a commercial and a residential entrance, is suited for businesses seeking a location with ample space and amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Auto Repair Shop Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Stephenville
    County
    Erath
    State
    Texas
    Longitude
    -98.133002
    Latitude
    32.195529

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    FAQs

    What type of property is this?
    Flex space - Multi-use property with buildings, residence, and highway frontage.
    Where is this flex space located?
    The property is located at 7517 Us Highway 67 Stephenville, TX.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - Expansive 4.35 acre multi-use property on US Highway 67 with commercial and residential entrances.; - 4600 sq ft metal building with six 13'-15' roll up doors and 50 amp electricity.; - 2100 sq ft brick house with 3 bedrooms, 2 baths, open concept design, and KitchenAid appliances.
    (254) 335-0500
    Request Owner's contact information
    7517 Us Highway 67 Stephenville, TX 76401
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    Stephenville, TX 76401
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    7517 Us Highway 67 Stephenville, TX 76401
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    We can help!
    Listing Contact
    Shawn Stone
    Real Estate License ID: 668917
    (254) 335-0500
    Learn more
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