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    2900 Interstate 20 Van, TX 75790

    For Sale
    $600,000

    0.49-acre lot, 1,015 sqft building

    Property size:
    1,015 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional commercial property, located at 2900 Interstate 20 in Van, Texas, presents a unique investment opportunity. The 0.49-acre lot offers significant potential for a variety of commercial ventures, benefiting from its high-traffic location directly on Interstate 20. The existing building on the property encompasses 1,015 square feet, providing immediate usable space. This versatile structure could be adapted to suit a range of business needs, from retail to office space, or potentially serve as a valuable component of a larger development plan. The property's strategic positioning along a major interstate ensures high visibility and accessibility, making it an attractive prospect for businesses seeking strong exposure to a large volume of daily traffic. The asking price of $600,000 reflects the property's prime location and development potential. Given the size of the lot and the existing building, this property is ideal for entrepreneurs and investors seeking a foothold in a rapidly growing area. Serious inquiries are encouraged to explore the possibilities this exceptional commercial property offers. The property is classified as "Other" in terms of property type, allowing for flexible usage and development options. This presents a rare chance to acquire a well-situated commercial asset in a thriving Texas market.

    Property Features for 2900 Interstate 20

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,015 SF
    Lot Size
    21,344 SF

    Building Details

    Year Built
    1980
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Van
    County
    Van Zandt
    State
    Texas
    Longitude
    -95.64166
    Latitude
    32.50785

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    FAQs

    What type of property is this?
    Commercial real estate - 0.49-acre lot, 1,015 sqft building
    Where is this commercial real estate located?
    The property is located at 2900 Interstate 20 Van, TX.
    What is the asking price?
    The asking price for this property is $600,000.
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    2900 Interstate 20 Van, TX 75790
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    Van, TX 75790
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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
    2900 Interstate 20 Van, TX 75790
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