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    Lockhart Rd Stephenville, TX 76401

    For Sale
    $675,000

    Prime Industrial Land, Stephenville, TX

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 3.16-acre industrial land parcel presents a compelling investment opportunity in Stephenville, Texas. Strategically located approximately 500 feet south of Washington Street (U.S. Hwy 377), this property enjoys a high-visibility position within a thriving commercial area. Its advantageous location is directly behind the Holiday Inn Express and adjacent to a new development currently under construction, ensuring strong future growth potential. The site offers ample space for a wide range of industrial projects, exceeding 3 acres in size. Due diligence has already been completed, with phase one environmental studies and a survey already finished, streamlining the development process. While a portion of the property falls within a designated flood plain, the overall potential remains significant. The asking price of $675,000 is negotiable, presenting a flexible opportunity for serious buyers. The property's APN is R000072755 and is zoned for industrial use. This is a rare chance to acquire a well-situated, ready-to-develop industrial site in a rapidly expanding Texas market. Contact us today to explore this exciting opportunity.

    Property Features for 0 Lockhart Rd

    General Information

    Property type
    Land
    Lot Size
    137,650 SF

    HighLights

    • $675,000 asking price.
    • 3.16‑acre industrial land parcel.
    • Located in Stephenville, TX (Erath County), APN R000072755.
    • Situated near US Hwy 377 and adjacent to new construction.
    • Phase 1 environmental completed and surveyed; portion in designated floodplain.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Stephenville
    County
    Erath
    State
    Texas
    Longitude
    -98.2378183
    Latitude
    32.198526

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    FAQs

    What type of property is this?
    Land - Prime Industrial Land, Stephenville, TX
    Where is this land located?
    The property is located at Lockhart Rd Stephenville, TX.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: $675,000 asking price.; 3.16-acre industrial land parcel.; Located in Stephenville, TX (Erath County), APN R000072755.
    (325) 646-1547
    Request Owner's contact information
    Lockhart Rd Stephenville, TX 76401
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    Stephenville, TX 76401
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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
    Lockhart Rd Stephenville, TX 76401
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