Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Us Highway 287 Henrietta, TX 76365

    For Sale
    $1,831,500

    65.97 Acres, Hwy 287 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 65.97-acre property in Henrietta, Texas, presents a unique investment opportunity. Strategically located on US Hwy 287 N, it boasts approximately half a mile of frontage on a two-way access road, ensuring high visibility and convenient access. The land is situated adjacent to a newly constructed 48-unit apartment complex and a substantial travel plaza, creating a vibrant and high-traffic environment. This prime location offers significant potential for various commercial and residential developments. Utilities are readily available, with existing electricity and easy access to water and wastewater infrastructure. Clay County's absence of zoning regulations provides flexibility for a wide range of development plans. The property's size and location make it ideal for a variety of uses, from retail and hospitality to multi-family housing or industrial projects. The asking price is $1,831,500. This is a rare opportunity to acquire a large parcel of land in a growing area with excellent access and existing infrastructure. Serious inquiries are encouraged.

    Property Features for 0 Us Highway 287

    General Information

    Property type
    Land
    Lot Size
    2,873,653 SF

    HighLights

    • $1,831,500 asking price.
    • 65.97‑acre commercial and residential land parcel.
    • Located in Henrietta, TX, Clay County, zip code 76365, on US Hwy 287 N.
    • Adjacent to a new 48‑unit apartment complex and a large travel plaza.
    • Features half‑mile of frontage on a two‑way access road, with readily available electricity, water, and wastewater.
    • No zoning restrictions.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Henrietta
    County
    Clay
    State
    Texas
    Longitude
    -98.205715229271
    Latitude
    33.803598526919

    Nearby Similar for Sale

    • $3,705,300
      537.00 Acres

      Versatile Ranch with Diverse Landscape

      Premier ranch with pastures, ponds, and abundant wildlife.
      0001 W Pleasant Vly Rd, Henrietta, TX 76230
      View Details
    • $575,000
      0.48 Acres

      Renovated 1906 Residence in Henrietta, TX

      Turnkey 8-bedroom residence, renovated in 2023, ideal for hospitality.
      405 W Gilbert St, Henrietta, TX 76365
      View Details
    • $79,995
      0.05 Acres

      Historic Building in Downtown Henrietta

      Historic building in downtown Henrietta with operational vaults and new roof.
      111 W Gilbert St, Henrietta, TX 76365
      View Details
    • $380,000
      40.00 Acres

      40 Acre Ranch in Henrietta, TX

      40 acre ranch property located in Henrietta, Texas.
      40 Acres Sears Mayfield Rd, Henrietta, TX 76365
      View Details
    • New
      $1,538,250
      293.00 Acres

      293 Acres Deer Creek Ranch

      293-acre ranch for agricultural production and potential equine facility.
      293 Acres Deer Crk Rd, Henrietta, TX 76365
      View Details
    • $1,050,000
      150.26 Acres

      Clay County Ranch with Views

      150-acre Clay County ranch suitable for horses and cattle.
      6151-a Old Joy Shannon Rd, Henrietta, TX 76365
      View Details

    FAQs

    What type of property is this?
    Land - 65.97 Acres, Hwy 287 Frontage
    Where is this land located?
    The property is located at Us Highway 287 Henrietta, TX.
    What is the asking price?
    The asking price for this property is $1,831,500.
    What are key features of this property?
    This property features: $1,831,500 asking price.; 65.97-acre commercial and residential land parcel.; Located in Henrietta, TX, Clay County, zip code 76365, on US Hwy 287 N.
    (512) 814-1811
    Request Owner's contact information
    Us Highway 287 Henrietta, TX 76365
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Us Highway 287
    Henrietta, TX 76365
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Us Highway 287 Henrietta, TX 76365
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.