Property profile

Hwy 281 Evant, TX 76525

OFF-MARKET
Commercial real estate
1.6 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Commercial real estate
Lot 1.6 ac (69,696 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Hwy 281 Evant, TX 76525
Evant metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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