36 And Fm 18 Gatesville, TX 76528
This exceptional 9.5-acre commercial property in Coryell County, Texas, presents a unique investment opportunity. Located at the intersection of Hwy 36 and FM 18 near the Abilene Regional Airport, this site boasts a high-traffic location with over 14,000 vehicles daily. Approved site plans for a truck stop are already in place, streamlining the development process and minimizing risk. The property benefits from its strategic position near businesses with numerous employees, creating a captive customer base and eliminating direct competition. Favorable lease terms include a 40-year lease with deferred rent until year 11 and an option to renew. Impressive IMST projections forecast high fuel and inside sales volumes, promising a strong return on investment. The property's zoning is commercial, and its location at a new airport entrance ensures continued high traffic volume. This is a turnkey opportunity to establish a high-performing truck stop in a thriving market with significant upside potential. The asking price is $1,200,000. The property is situated in Gatesville, TX, zip code 76528.
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
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.