Lockhart Rd Stephenville, TX 76401
- Land
- 3.16 lot acres
Current Use by Public Records
- Land
Property Details for 0 Lockhart Rd
- Lot size
- 3.16 lot acres
- Property type
- Land
Description
This exceptional 3.16-acre industrial land parcel presents a compelling investment opportunity in Stephenville, Texas. Strategically located approximately 500 feet south of Washington Street (U.S. Hwy 377), this property enjoys a high-visibility position within a thriving commercial area. Its advantageous location is directly behind the Holiday Inn Express and adjacent to a new development currently under construction, ensuring strong future growth potential. The site offers ample space for a wide range of industrial projects, exceeding 3 acres in size. Due diligence has already been completed, with phase one environmental studies and a survey already finished, streamlining the development process. While a portion of the property falls within a designated flood plain, the overall potential remains significant. The asking price of $675,000 is negotiable, presenting a flexible opportunity for serious buyers. The property's APN is R000072755 and is zoned for industrial use. This is a rare chance to acquire a well-situated, ready-to-develop industrial site in a rapidly expanding Texas market. Contact us today to explore this exciting opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Stephenville
- County
- Erath
- State
- Texas
- Longitude
- -98.2378
- Latitude
- 32.1985