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    3168 Hwy Frankston, TX 75763

    For Sale
    $385,000

    7.71 Acres Hwy 175 Frontage, Texas

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 7.71-acre commercial land parcel presents a compelling investment opportunity in Frankston, Texas. Boasting over 645 feet of frontage on Highway 175, this property enjoys high visibility and accessibility. Its strategic location, situated adjacent to the new Tractor Supply Farm and Ranch Store, offers significant potential for a variety of businesses. The ongoing widening of Highway 175 east of Frankston is projected to increase traffic volume considerably, further enhancing the property's value and appeal. Currently, over 6,000 vehicles traverse this route daily, connecting Jacksonville to areas beyond I-20 in Dallas. The land is conveniently located outside city limits, eliminating zoning restrictions. However, buyer should be aware that seller-imposed business restrictions apply

    Property Features for 3168 Hwy

    General Information

    Property type
    Land
    Lot Size
    335,848 SF

    HighLights

    • 7.71‑acre commercial land parcel in Frankston, TX.
    • Over 645 feet of Highway 175 frontage provides high visibility and accessibility.
    • Adjacent to new Tractor Supply store, offering strong co‑tenancy.
    • Highway 175 widening project will increase traffic volume.
    • Currently sees over 6,000 vehicles daily, connecting Jacksonville to areas beyond I‑20.
    • Located outside city limits, avoiding zoning restrictions; however, buyer should be aware of seller‑imposed business restrictions.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Frankston
    County
    Anderson
    State
    Texas
    Longitude
    -95.524549796225
    Latitude
    32.054579901581

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    FAQs

    What type of property is this?
    Land - 7.71 Acres Hwy 175 Frontage, Texas
    Where is this land located?
    The property is located at 3168 Hwy Frankston, TX.
    What is the asking price?
    The asking price for this property is $385,000.
    What are key features of this property?
    This property features: 7.71-acre commercial land parcel in Frankston, TX.; Over 645 feet of Highway 175 frontage provides high visibility and accessibility.; Adjacent to new Tractor Supply store, offering strong co-tenancy.
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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
    3168 Hwy Frankston, TX 75763
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