0 Lockhart Rd Stephenville, TX 76401
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.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.