2870 Washington St Stephenville, TX 76401
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.
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
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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.