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    11174 State Highway 155 Frankston, TX 75763

    For Sale
    $269,000

    Spacious 9,000 sq ft building on 5 acres

    Property size:
    9,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This expansive 9,000 square foot building sits on a generous 5-acre lot in Frankston, Texas. Priced to reflect needed renovations, this property presents a remarkable opportunity for a variety of uses. The main structure features a full kitchen, numerous offices, and a large open area ideal for events, dances, or parties. A separate building is located at the front of the property, adding to its versatility. Its proximity to Lake Palestine offers significant potential for attracting customers and residents. The existing infrastructure includes readily available utilities. The property's size and existing features make it well-suited for diverse development, including but not limited to: an RV park, mobile home park, storage facility, or a combination thereof. The substantial square footage and ample land provide significant flexibility for an entrepreneur seeking a unique investment opportunity. The property's current condition and pricing create a compelling value proposition for a buyer willing to undertake renovations and capitalize on its considerable potential. This is a rare chance to acquire a large-scale property in a desirable location with significant upside. The existing buildings and utilities provide a solid foundation for a variety of commercial ventures. Serious inquiries are encouraged to explore the possibilities this property offers.

    Property Features for 11174 State Highway 155

    General Information

    Property type
    Other commercial real estate
    Square Feet
    9,000 SF
    Lot Size
    217,800 SF

    Building Details

    Year Built
    2008
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Storage Facility Grocery Store Food Market Farmer's Market Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Frankston
    County
    Henderson
    State
    Texas
    Longitude
    -95.49877
    Latitude
    32.09032

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious 9,000 sq ft building on 5 acres
    Where is this commercial real estate located?
    The property is located at 11174 State Highway 155 Frankston, TX.
    What is the asking price?
    The asking price for this property is $269,000.
    Request Owner's contact information
    11174 State Highway 155 Frankston, TX 75763
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    Frankston, TX 75763
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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
    11174 State Highway 155 Frankston, TX 75763
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