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    Us Highway 287 Alvord, TX 76225

    • Commercial real estate
    • 4,160 SF
    • 2.60 lot acres
    For Sale
    View listing
    $1,450,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for Us Highway 287

    Year built
    2002
    Lot size
    2.60 lot acres
    Property size
    4,160 SF
    Property type
    Commercial real estate

    Description

    This exceptional 2.6-acre commercial property in Alvord, Texas, presents a remarkable investment opportunity. Strategically located on US Highway 287, this high-traffic area boasts excellent visibility and accessibility. The property includes three existing structures: two workshops equipped with plumbing, electricity, and a bathroom

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Alvord
    County
    Wise
    State
    Texas
    Longitude
    -97.6295
    Latitude
    33.2813

    Comparable in this City

    • Value Estimation by Request
      1.00 Acres

      Alvord, TX 76225

      COMMERCIAL (GENERAL) • 1.00 Acres
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    • Value Estimation by Request
      364 SF

      Hwy 287

      COMMERCIAL (GENERAL) • 364 SF
      Hwy 287, Alvord, TX 76225
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      1,152 SF

      107 Franklin St

      COMMERCIAL (GENERAL) • 1,152 SF
      107 Franklin St, Alvord, TX 76225
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      864 SF

      711 State St

      COMMERCIAL (GENERAL) • 864 SF
      711 State St, Alvord, TX 76225-5950
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      2,750 SF

      111 Wickham St

      COMMERCIAL (GENERAL) • 2,750 SF
      111 Wickham St, Alvord, TX 76225
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    • Value Estimation by Request
      2,500 SF

      100 Wickham St

      COMMERCIAL (GENERAL) • 2,500 SF
      100 Wickham St, Alvord, TX 76225
      View Details

    Similar Nearby for Sale

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      Alvord, TX Commercial Land Investment

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    Us Highway 287
    Alvord, TX 76225
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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
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