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    02 Hwy Mabank, TX 75147

    For Sale
    $484,000

    High-traffic 3.64-acre lot, prime location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 3.64-acre commercial property presents a remarkable investment opportunity in the thriving town of Mabank, Texas. Located at 02 S Hwy 198, this strategically positioned land boasts high visibility due to its placement in a busy area, ensuring significant exposure for any business. The property's size offers ample space for a wide range of commercial developments, from retail spaces to light industrial uses. The seller is flexible and willing to subdivide the land to accommodate specific business needs, making it an adaptable option for various projects. This presents a unique chance to establish a strong presence in a growing community. The potential for expansion is further enhanced by the availability of additional surrounding acreage for purchase, providing an opportunity to acquire even more land to support future growth or expansion plans. This prime commercial land is ready for immediate development and offers significant potential for return on investment. Don't miss this chance to secure a prominent location in Mabank, TX. Contact us today to learn more and schedule a viewing.

    Property Features for 02 Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    158,558 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mabank
    County
    Henderson
    State
    Texas
    Longitude
    -96.10098
    Latitude
    32.36643

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic 3.64-acre lot, prime location.
    Where is this commercial real estate located?
    The property is located at 02 Hwy Mabank, TX.
    What is the asking price?
    The asking price for this property is $484,000.
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    02 Hwy Mabank, TX 75147
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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
    02 Hwy Mabank, TX 75147
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