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    5716 287 Alvord, TX 76225

    For Sale
    $999,000

    Prime Commercial Property: Office, Land, Highway Frontage.

    Property size:
    4,320 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional commercial property in Alvord, Texas, presents a unique investment opportunity. Located at 5716 N 287, this 3.82-acre lot boasts 551.46 feet of highway frontage, providing excellent visibility and accessibility. The property includes a 4,320 square foot office building, ideal for a variety of businesses. The building's configuration includes an office setup and a shop building, offering versatility for different operational needs. Ample parking is available on-site, ensuring convenience for employees and clients. The property's location in Wise County, Texas, zip code 76225, offers easy access to Highway 287, facilitating seamless transportation and logistics. The asking price for this turnkey commercial property is $999,000. This is a rare opportunity to acquire a well-situated commercial property with significant highway frontage, ample space, and a versatile building layout. The property's combination of office and shop space makes it suitable for a wide range of commercial uses. Don't miss this chance to establish your business in a thriving location. Contact us today to schedule a showing.

    Property Features for 5716 287

    General Information

    Property type
    Land
    Square Feet
    4,320 SF
    Lot Size
    166,399 SF

    HighLights

    • $999,000 asking price.
    • Office and land property totaling 4,320 square feet.
    • 3.82‑acre lot.
    • Located at 5716 N 287, Alvord, TX 76225.
    • Features a shop building and ample parking.
    • 551.46 feet of highway frontage on Highway 287.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Alvord
    County
    Wise
    State
    Texas
    Longitude
    -97.675371
    Latitude
    33.3417836

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    FAQs

    What type of property is this?
    Land - Prime Commercial Property: Office, Land, Highway Frontage.
    Where is this land located?
    The property is located at 5716 287 Alvord, TX.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: $999,000 asking price.; Office and land property totaling 4,320 square feet.; 3.82-acre lot.
    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
    5716 287 Alvord, TX 76225
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