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    860 S State Highway 5 Fairview, TX 75069

    For Sale
    $5,400,000

    Unimproved Land - Fairview, TX

    Type:Unimproved Land
    Lot size:
    4.50 Acres
    Days on Market:
    168
    Last Refresh:
    Dec 11 at 1:06 am

    Property Features for 860 S State Highway 5

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R679100405101
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    4.50 Acres

    Building Details

    Year built
    1940
    Architectural style
    Other

    George James Realty (214) 536-9994

    Listing agent George James (214) 536-9994 License #0571970

    Listing date Jun 27, 2025

    MLS# 20348920 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

    Fairview Land on Highway 5

    Located on Highway 5 in Fairview, Texas, this property consists of 4.5 acres. The parcel is part of a larger 5-acre site, with the remaining half-acre occupied by a cell tower that is not included in the sale. The land was formerly used as a nursery and includes a small building. The seller will clear the property within 30 days after closing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairview
    County
    Collin
    State
    Texas
    Longitude
    -96.634659
    Latitude
    33.151978

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    FAQs

    What type of property is this?
    Land - 4.5 acres of commercial land on Hwy 5 in Fairview, TX.
    Where is this land located?
    The property is located at 860 S State Highway 5 Fairview, TX.
    What is the asking price?
    The asking price for this property is $5,400,000.
    What are key features of this property?
    This property features: - 4.5-acre parcel on Hwy 5, great for various opportunities.; - Property was formerly a nursery.; - Includes a small building.
    (214) 536-9994
    Request Owner's contact information
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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
    860 S State Highway 5 Fairview, TX 75069
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