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    State Highway 5 Fairview, TX 75069

    Sponsored
    For Sale
    $1,399,000

    Prime 2.26-acre commercial lot in Fairview, TX.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.26-acre commercial land parcel presents a remarkable investment opportunity in the thriving Fairview, Texas market. Located on S State Hwy 5, this property boasts a highly desirable Commercial zoning designation, opening doors to a wide array of development possibilities. Its strategic location offers excellent visibility and accessibility, placing it in close proximity to numerous retail establishments, ensuring high traffic flow and potential for significant customer engagement. The expansive lot size provides ample space for the construction of a substantial commercial building, allowing for flexibility in design and functionality to suit diverse business needs. With its prime location and advantageous zoning, this property is ideally suited for a variety of commercial ventures, making it an attractive proposition for both established businesses seeking expansion and entrepreneurs looking to establish a new presence in a dynamic and growing market. The property's address is S State Hwy 5, Fairview, TX 75069, situated within Collin County. The asking price for this exceptional commercial land is $1,399,000. This represents a compelling investment opportunity in a rapidly developing area with significant potential for future growth and appreciation. Don't miss this chance to acquire a prime piece of commercial real estate in Fairview, Texas.

    Property Features for 0 State Highway 5

    General Information

    Property type
    Land
    Lot Size
    98,446 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fairview
    County
    Collin
    State
    Texas
    Longitude
    -96.643576633133
    Latitude
    33.130559505869

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    FAQs

    What type of property is this?
    Land - Prime 2.26-acre commercial lot in Fairview, TX.
    Where is this land located?
    The property is located at State Highway 5 Fairview, TX.
    What is the asking price?
    The asking price for this property is $1,399,000.
    (972) 419-4091
    Request Owner's contact information
    State Highway 5 Fairview, TX 75069
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    State Highway 5
    Fairview, TX 75069
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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
    State Highway 5 Fairview, TX 75069
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