3011 Washington St Stephenville, TX 76401
This exceptional 2,896 square foot retail property, situated on a 0.76-acre lot at 3011 W Washington Street in Stephenville, TX, presents a rare opportunity. Boasting a highly desirable location directly across from Sonic and adjacent to Triple Crown Ford, this property benefits from exceptional visibility and accessibility on US Hwy 377, a rapidly developing area of Stephenville. The building features a convenient drive-thru window and a well-maintained concrete parking lot. The city of Stephenville is experiencing significant growth, particularly along US Hwy 377 and on the west side of town, making this an ideal investment for businesses seeking high traffic exposure. The construction of a new apartment complex directly across the street further enhances the property's potential. This prime location offers unparalleled potential for success, with limited comparable properties available with US Hwy 377 frontage. The asking price is $2,495,000. Don't miss this chance to secure a thriving retail space in a booming market.
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.