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    Gun Range Rd Somerville, TX 77879

    For Sale
    $900,000

    Prime Commercial Land Near Major Highways

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 10-acre commercial property presents a remarkable investment opportunity in Somerville, Texas. Strategically located near the intersection of Highway 36 and Highway 290, this undeveloped land boasts excellent visibility and accessibility. The high-traffic area ensures significant exposure for any future development. Surrounding businesses include motels, restaurants, and gas stations, indicating a thriving commercial environment and strong potential for synergy. The expansive 10-acre parcel offers ample space for a variety of commercial ventures, from retail establishments and office buildings to hospitality projects or light industrial uses. The property's prime location and substantial size make it an ideal canvas for entrepreneurs and investors seeking to capitalize on the area's growth. This is a rare opportunity to acquire a significant piece of land in a rapidly developing commercial corridor. The asking price is $900,000. Serious inquiries are encouraged. Detailed site plans and zoning information are available upon request. Don't miss this chance to secure a prominent position in a bustling commercial hub.

    Property Features for Gun Range Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    435,600 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Somerville
    County
    Burleson
    State
    Texas
    Longitude
    -96.52594
    Latitude
    30.34315

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Commercial Land Near Major Highways
    Where is this commercial real estate located?
    The property is located at Gun Range Rd Somerville, TX.
    What is the asking price?
    The asking price for this property is $900,000.
    (979) 693-9100
    Request Owner's contact information
    Gun Range Rd Somerville, TX 77879
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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
    Gun Range Rd Somerville, TX 77879
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