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Property profile & analytics
OFF-MARKET
Commercial real estate

2870 Washington St Stephenville, TX 76401

20 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 20+ acre commercial property presents a rare investment opportunity in the thriving city of Stephenville, Texas. Strategically located just off the main thoroughfare, this expansive parcel enjoys unparalleled visibility and accessibility. Its prime location places it in close proximity to a vibrant mix of established businesses and national retailers, ensuring high traffic flow and significant potential for development. The surrounding area boasts a diverse range of amenities, including hotels, restaurants, and a major shopping center. Nearby establishments include Walmart, McDonald's, Starbucks, PastaFina, Bosque Shopping Center, Cotton Patch Cafe, Chicken Express, Chili's Grill & Bar, Burkes Outlet, Staples, Bealls, Tractor Supply, La Quinta Inn & Suites, and The Shops at Stephenville Place. This advantageous positioning offers immediate access to a substantial customer base and significant potential for future growth. The property's size and location make it ideal for a wide variety of commercial developments, from retail centers and restaurants to office buildings and other mixed-use projects. This is a unique chance to acquire a substantial piece of prime commercial real estate in a rapidly growing Texas market. The asking price is $13,500,000. Serious inquiries only.

Property profile
Verified
Property type Commercial real estate
Lot 20 ac (871,200 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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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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