283 Us Highway 281 Evant, TX 76525
This exceptional 1.6-acre commercial property boasts significant highway frontage on US Highway 281 in Evant, Texas. The lot offers approximately 204 feet of frontage on Highway 281 and extends approximately 266 feet deep, providing ample space for development. Additionally, it features approximately 300 feet of frontage on Bell Street, offering excellent visibility and accessibility. The high traffic count on Highway 281 makes this an ideal location for a variety of retail businesses, including a convenience store or small strip center. The property is well-prepared for development, featuring a good caliche road base. Existing fencing enhances privacy and security, with a fence along the back and a privacy fence along the north side. This strategically located property presents a unique opportunity for entrepreneurs seeking high visibility and convenient access to a busy thoroughfare. The property's location straddles Coryell and Hamilton Counties, offering potential advantages depending on specific business needs. This is a rare opportunity to acquire a well-positioned commercial lot with significant highway frontage in a growing area. The property's size and location make it an attractive investment for those seeking to establish a successful retail venture.
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
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.