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    601 Davis St Chico, TX 76431

    • Commercial real estate
    • 2.49 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 601 Davis St

    Lot size
    2.49 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 2.49-acre commercial lot presents a remarkable opportunity in the thriving town of Chico, Texas. Boasting over 200 feet of frontage road, this property enjoys unparalleled visibility and accessibility. Mature shade trees enhance the aesthetic appeal, creating a welcoming and attractive setting for any business venture. The strategic location, just a short distance from Hanson Aggregate Plants, makes it ideally suited for businesses requiring convenient access to transportation routes and heavy equipment. The property's existing utility infrastructure significantly reduces development costs and streamlines the setup process for new businesses. This expansive lot offers ample space for construction of a new shop or other commercial building, providing flexibility for a wide range of business types. The combination of prime location, substantial size, and existing utilities makes this a truly exceptional investment opportunity. Don't miss the chance to secure this highly desirable commercial property

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chico
    County
    Wise
    State
    Texas
    Longitude
    -97.8011
    Latitude
    33.301

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    601 Davis St
    Chico, TX 76431
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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