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    999 Oak St Van, TX 75790

    For Sale
    $750,000

    3-Acre Commercial Tract, I-20 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    Exceptional 3-acre commercial land parcel in Van, Texas, strategically located near Interstate 20 on FM 314. This prime retail area boasts high visibility and convenient access to major transportation routes. The property is ready for immediate development, with existing utilities including sewer, water, and electricity readily available at the roadside. A curb cut to FM 314 is already installed, simplifying the development process. The surrounding area features a strong concentration of established businesses, including national chains such as Taco Bell, Starbucks, Arby's, Love's Truck Stop, and a Fairfield Inn and Suites, indicating a thriving commercial environment. This location offers significant potential for a variety of commercial ventures, from retail establishments and restaurants to service-based businesses. The asking price is $750,000, with a land value of $5.74 per square foot. This represents a rare opportunity to secure a well-positioned commercial property in a rapidly growing Texas market. The property is zoned for commercial use and is situated at 999 S Oak St, Van, TX 75790, in Van Zandt County.

    Property Features for 999 Oak St

    General Information

    Property type
    Land
    Lot Size
    130,680 SF

    HighLights

    • Existing curb cut onto FM 314.
    • Located in the Van retail corridor.
    • Easy access to Interstate 20.
    • Water, sewer, and electricity available at the site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Auto Repair Shop Clothing Store Nail Salon Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Van
    County
    Van Zandt
    State
    Texas
    Longitude
    -95.643213366522
    Latitude
    32.510797065239

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    FAQs

    What type of property is this?
    Land - 3-Acre Commercial Tract, I-20 Access
    Where is this land located?
    The property is located at 999 Oak St Van, TX.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: Existing curb cut onto FM 314.; Located in the Van retail corridor.; Easy access to Interstate 20.
    (214) 683-0567
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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
    999 Oak St Van, TX 75790
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