1950 South Loop Stephenville, TX 76401
This exceptional 30,800-square-foot commercial property, situated on a generous 9.68-acre lot in Stephenville, Texas, presents a compelling investment opportunity. Currently operating as a thriving flea market, this income-producing asset boasts significant potential for expansion and diversification. Built in 1982, the property features a metal roof and ample parking, including both garage and open spaces. The zoning is industrial, allowing for a wide range of uses. Key features include city water and sewer connections, and a rail spur site at the rear, although currently inactive and requiring rehabilitation. The property also includes several outbuildings, both enclosed and open, offering additional storage or operational space. Benefiting from high visibility due to its US 377 highway frontage, the property offers endless possibilities for future development. The existing flea market setup provides a strong foundation for continued income generation, while the substantial lot size allows for significant expansion. A potential additional entry point off Caporal Avenue further enhances accessibility and flexibility. This property is offered at $2,800,000.
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Taqueria la Morenita Restaurant
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Blue Flamingo Studio Clothing & Fashion Store
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377 Marketplace Home Decor Store (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.