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    Main St Madisonville, TX 77864

    For Sale
    $1,200,000

    High-traffic location, prime development opportunity.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 2-acre commercial lot presents a remarkable investment opportunity in the thriving town of Madisonville, Texas. Strategically situated on State Highway 21, this property enjoys unparalleled visibility and accessibility, boasting a highly desirable location near a recently renovated McDonald's and adjacent to a Sonic Drive-In. Its proximity to Interstate 45 (a mere quarter-mile away) ensures convenient access to major transportation routes, maximizing exposure to a large customer base. The lot is ready for immediate development, featuring a newly constructed driveway entrance for easy ingress and egress. Essential utilities are readily available, with city water and sewer services conveniently located at the roadside. This prime commercial land offers significant potential for a wide range of businesses seeking a high-traffic location with excellent visibility and convenient access to major transportation arteries. The property's size and location make it ideal for a variety of commercial developments, promising a strong return on investment. Don't miss this chance to secure a piece of Madisonville's vibrant commercial landscape. Contact us today for further details and to explore the possibilities.

    Property Features for Main St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    87,120 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Madisonville
    County
    Madison
    State
    Texas
    Longitude
    -95.91381
    Latitude
    30.94917

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, prime development opportunity.
    Where is this commercial real estate located?
    The property is located at Main St Madisonville, TX.
    What is the asking price?
    The asking price for this property is $1,200,000.
    (936) 349-7378
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    Main St Madisonville, TX 77864
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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
    Main St Madisonville, TX 77864
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