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    29993 State Highway 64 Canton, TX 75103

    For Sale
    $1,500,000

    Established Archery Business, 13.78 Acres

    Property size:
    6,250 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional investment opportunity encompasses a thriving, well-established archery business in Canton, Texas. The property includes a substantial 6,250 square-foot retail facility strategically located just half a mile from Interstate 20, offering excellent visibility and accessibility with frontage on State Highway 64. The building itself boasts an inviting open storefront, three indoor shooting ranges perfect for various skill levels, and a spacious employee workspace. Beyond the main building, the 13.78-acre property features an expansive outdoor shooting range and a challenging 30-target 3D archery course, catering to a wide range of archery enthusiasts. The business comes complete with all existing inventory and operational equipment, ensuring a seamless transition for the new owner. On Target Archery enjoys a strong reputation and loyal clientele, recognized as a premier archery destination in the Dallas-Fort Worth and East Texas regions. This turnkey operation presents a rare chance to acquire a profitable, established business with significant growth potential. Detailed financial information is available upon request after signing a non-disclosure agreement. The property's prime location and comprehensive amenities make it an ideal investment for both seasoned entrepreneurs and those seeking a unique business venture. This is a truly exceptional opportunity to own a successful and well-regarded business in a rapidly growing area.

    Property Features for 29993 State Highway 64

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,250 SF
    Lot Size
    599,386 SF

    Building Details

    Year Built
    2005
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    On Target Archery Archery Store

    Suggested Use

    Restaurant Building Supply Wholesale Shop Spa & Massage Auto Parts Store Storage Facility HVAC Service Grocery Store Bar & Pub Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Van Zandt
    State
    Texas
    Longitude
    -95.91884
    Latitude
    32.5968

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    FAQs

    What type of property is this?
    Commercial real estate - Established Archery Business, 13.78 Acres
    Where is this commercial real estate located?
    The property is located at 29993 State Highway 64 Canton, TX.
    What is the asking price?
    The asking price for this property is $1,500,000.
    Request Owner's contact information
    29993 State Highway 64 Canton, TX 75103
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    Canton, TX 75103
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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
    29993 State Highway 64 Canton, TX 75103
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