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    Us Hwy 79 Hwy Franklin, TX 77856

    For Sale
    $150,000

    High-visibility Franklin, TX commercial lot.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 1.75-acre commercial property enjoys a prime location in Franklin, Texas, fronting Cooks Lane just off Highway 79 within city limits. Its high visibility and convenient access make it ideal for a diverse range of businesses. Imagine a thriving strip center, a much-needed gas station and convenience store, or a popular restaurant—all benefiting from the strong foot traffic and easy accessibility this location offers. Franklin is a growing community experiencing significant expansion, with excellent schools and a clear demand for additional service businesses currently unavailable. This property is uniquely positioned to capitalize on this growth. City utilities are readily available, including water, sewer, and trash pickup, provided by the City of Franklin. Entergy supplies electricity. A significant advantage is the property's adjacency to a soon-to-be-constructed Sonic Drive-In, further enhancing its appeal and potential for increased customer traffic. The property is offered as a whole (1.75 acres), but alternative configurations may be available

    Property Features for Us Hwy 79 Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    43,560 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Franklin
    County
    Robertson
    State
    Texas
    Longitude
    -96.37612
    Latitude
    31.10751

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    FAQs

    What type of property is this?
    Commercial real estate - High-visibility Franklin, TX commercial lot.
    Where is this commercial real estate located?
    The property is located at Us Hwy 79 Hwy Franklin, TX.
    What is the asking price?
    The asking price for this property is $150,000.
    (979) 324-4363
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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 Hwy 79 Hwy Franklin, TX 77856
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