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    Walnut St Coleman, TX 76834

    For Sale
    $120,000

    Prime 3.59-acre lot, ideal for development.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 3.59-acre commercial lot is situated on the desirable East Walnut Street in the heart of Coleman, Texas. The property's untouched state presents a blank canvas for ambitious commercial development projects. Its central location within Coleman ensures high visibility and accessibility, making it an attractive proposition for a diverse range of businesses. The area is well-established, offering a stable and growing market for commercial ventures. This prime location provides excellent potential for significant return on investment. The property's size allows for substantial development, accommodating various building sizes and layouts to suit specific business needs. The lack of existing structures simplifies the development process, minimizing potential demolition costs and allowing for a streamlined construction timeline. This is a rare opportunity to acquire a significant piece of commercial real estate in a thriving Texas town, offering substantial potential for growth and profitability. The asking price of $120,000 represents exceptional value for a property of this size and location. Don't miss this chance to secure a key piece of Coleman's commercial landscape. The property is ready for immediate development, offering a unique opportunity for businesses seeking a strategic location in a growing community.

    Property Features for Walnut St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    156,380 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Coleman
    County
    Coleman
    State
    Texas
    Longitude
    -99.42306
    Latitude
    31.82723

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 3.59-acre lot, ideal for development.
    Where is this commercial real estate located?
    The property is located at Walnut St Coleman, TX.
    What is the asking price?
    The asking price for this property is $120,000.
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    Walnut St Coleman, TX 76834
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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
    Walnut St Coleman, TX 76834
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