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Property profile & analytics
OFF-MARKET
Specialty properties

1950 South Loop Stephenville, TX 76401

30,800 SF 9.68 ac lot Built 1982
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
Year built 1982
Total area 30,800 SF
Lot 9.68 ac (421,661 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Taqueria la Morenita Restaurant
  • Blue Flamingo Studio Clothing & Fashion Store
  • 377 Marketplace Home Decor Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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