Hwy 281 Evant, TX 76525
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.