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    Hwy 281 Evant, TX 76525

    For Sale
    $369,000

    High-traffic Evant, TX lot, retail potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 1.6032-acre commercial property boasts significant highway frontage and presents a remarkable opportunity for retail development. Located in Evant, Texas, the land offers approximately 204 feet of frontage on Highway 281 and extends approximately 266 feet deep. Adding to its appeal, the property also includes roughly 300 feet of frontage on Bell Street, ensuring high visibility and accessibility. The high traffic count on Highway 281 makes this an ideal location for a variety of businesses, including a convenience store, a small strip center, or any other retail establishment seeking a prominent position. The property features a well-maintained caliche road base, providing a solid foundation for construction. For added security and privacy, a fence runs along the back of the property, and a separate privacy fence is situated along the northern boundary. This strategically located parcel is situated within both Coryell and Hamilton Counties, offering convenient access to a diverse customer base. The property's size, location, and existing infrastructure make it an attractive investment for entrepreneurs and developers alike. This is a rare opportunity to acquire a highly visible and well-positioned commercial lot in a growing area.

    Property Features for Hwy 281

    General Information

    Property type
    Other commercial real estate
    Lot Size
    69,696 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Evant
    County
    Coryell
    State
    Texas
    Longitude
    -98.15203
    Latitude
    31.47782

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic Evant, TX lot, retail potential.
    Where is this commercial real estate located?
    The property is located at Hwy 281 Evant, TX.
    What is the asking price?
    The asking price for this property is $369,000.
    (254) 471-5738
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    Hwy 281 Evant, TX 76525
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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
    Hwy 281 Evant, TX 76525
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