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Property profile & analytics
OFF-MARKET
Commercial real estate

283 Us Highway 281 Evant, TX 76525

1.6 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 1.6 ac (69,696 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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