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    606 N 3Rd St Mabank, TX 75147

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    For Sale
    $1,035,900

    Ideal site for retail or commercial development with high visibility.

    Lot size:
    1.98 Acres

    Property Features for 606 N 3Rd St

    General Information

    Lot size
    1.98 Acres

    Source: Coldwell Banker Apex, REALTORS Agent John Zaby

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land For Sale

    This commercial land is an ideal site for retail or commercial development. It offers excellent visibility and accessibility from both Hwy 175 and Hwy 198. The location is directly across the street from a Quick Trip, Starbucks, Quality Inn, and Atwood's. Traffic volume per TxDot (2023) is significant, with Hwy 175 recording 11,127 daily and Hwy 198 recording 8,890 daily. Two additional adjoining parcels could possibly be available with purchase.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Mabank
    County
    Henderson
    State
    Texas
    Longitude
    -96.096272
    Latitude
    32.374317

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    FAQs

    What type of property is this?
    Commercial land - Ideal site for retail or commercial development with high visibility.
    Where is this commercial land located?
    The property is located at 606 N 3Rd St Mabank, TX.
    What is the asking price?
    The asking price for this property is $1,035,900.
    What are key features of this property?
    This property features: - Excellent visibility and accessibility from Hwy 175 and Hwy 198.; - High traffic volume: Hwy 175 - 11,127 daily, Hwy 198 - 8,890 daily (TxDot 2023).; - Ideal site for retail or commercial development.
    Request Owner's contact information
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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
    606 N 3Rd St Mabank, TX 75147
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