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    508 Devine St Stephenville, TX 76401

    For Sale
    $150,000

    Versatile Metal Building, Great Location

    Property size:
    1,200 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional 1,200 square foot metal building presents a unique investment opportunity in Stephenville's vibrant downtown district. Situated on a 0.11-acre lot, the 30' x 40' structure boasts a concrete slab floor and a convenient sliding door, ideal for accommodating vehicles within the workspace. The building is equipped with readily available electricity and water utilities, adding to its practicality and functionality. A half-bath is included for added convenience. Ample paved parking is situated directly in front of the building, ensuring easy access for customers and employees. The property's versatile design lends itself to a wide range of commercial uses, making it an attractive prospect for entrepreneurs and investors alike. Its prime downtown location offers excellent visibility and accessibility, providing a strong foundation for a thriving business. The asking price of $150,000 represents a compelling value for this well-maintained and strategically positioned property. This is a rare opportunity to acquire a ready-to-use commercial space in a thriving Texas town. The building's sturdy construction and practical features make it a sound investment with significant potential for future growth and profitability. Don't miss out on this chance to establish your business in a highly desirable location.

    Property Features for 508 Devine St

    General Information

    Property type
    Investment properties
    Square Feet
    1,200 SF
    Lot Size
    4,792 SF

    Building Details

    Year Built
    1973
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Stephenville
    County
    Erath
    State
    Texas
    Longitude
    -98.19777
    Latitude
    32.21934

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    FAQs

    What type of property is this?
    Investment property - Versatile Metal Building, Great Location
    Where is this investment property located?
    The property is located at 508 Devine St Stephenville, TX.
    What is the asking price?
    The asking price for this property is $150,000.
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    508 Devine St 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
    508 Devine St Stephenville, TX 76401
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