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Property profile & analytics
OFF-MARKET
Land

0 Lockhart Rd Stephenville, TX 76401

3.16 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 3.16 ac (137,650 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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