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    Us Highway 287 Alvord, TX 76225

    For Sale
    $1,450,000

    High-traffic Hwy 287 location, 2.6 acres, 3 structures.

    Property size:
    4,160 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 2.6-acre commercial property in Alvord, Texas, presents a remarkable investment opportunity. Strategically located on US Highway 287, this high-traffic area boasts excellent visibility and accessibility. The property includes three existing structures: two workshops equipped with plumbing, electricity, and a bathroom

    Property Features for Us Highway 287

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,160 SF
    Lot Size
    113,256 SF

    Building Details

    Year Built
    2002
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Alvord
    County
    Wise
    State
    Texas
    Longitude
    -97.6295
    Latitude
    33.28129

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic Hwy 287 location, 2.6 acres, 3 structures.
    Where is this commercial real estate located?
    The property is located at Us Highway 287 Alvord, TX.
    What is the asking price?
    The asking price for this property is $1,450,000.
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    Us Highway 287 Alvord, TX 76225
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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
    Us Highway 287 Alvord, TX 76225
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