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    700 Harbin Dr Stephenville, TX 76401

    Sponsored
    For Sale
    $600,000

    Prime 1-Acre Tract, Endless Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 1.08-acre commercial property presents a remarkable investment opportunity in Stephenville, Texas. Strategically located on the 700 block of South Harbin Drive, this site boasts unparalleled visibility and accessibility. Its prime position just north of the heavily trafficked US Highway 377 (South Loop) ensures high traffic counts and significant exposure. The property offers the distinct advantage of three-sided street frontage, maximizing visibility and providing convenient access for potential businesses. Its proximity to Tarleton State University is a key benefit, placing it directly on the main thoroughfare leading to the university's new football stadium and baseball field, guaranteeing a consistent flow of students, staff, and visitors. This location offers nearly limitless development possibilities, making it ideal for a wide range of commercial ventures. The property's size and location combine to create a truly exceptional opportunity for investors seeking a high-impact commercial investment in a rapidly growing area. Don't miss this chance to secure a prominent position in Stephenville's thriving commercial landscape. The asking price is $600,000.

    Property Features for 700 Harbin Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    47,045 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Stephenville
    County
    Erath
    State
    Texas
    Longitude
    -98.21589
    Latitude
    32.20607

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 1-Acre Tract, Endless Potential
    Where is this commercial real estate located?
    The property is located at 700 Harbin Dr Stephenville, TX.
    What is the asking price?
    The asking price for this property is $600,000.
    Request Owner's contact information
    700 Harbin Dr 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
    700 Harbin Dr Stephenville, TX 76401
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