31039 Hwy Wills Point, TX 75169
This exceptional commercial property, located at 31039 Hwy 64 in Wills Point, Texas (zip code 75169, Van Zandt County), presents a unique investment opportunity. The property consists of a large, fenced lot featuring a small office building previously used for a car lot, and a larger metal storage building. Its convenient location just off Interstate 20, between Wills Point and Canton, offers excellent visibility and accessibility. The asking price is $1,800. The property is zoned for commercial use and is currently offered as a retail space and land. Please note that the property does not have its own water or septic system. Lease terms are structured as six-month agreements. The property's geographical coordinates are 32.7090798 latitude and -96.0255738 longitude. This location provides easy access via GPS navigation or by driving north on Highway 64 from Wills Point, towards Myrtle Springs, until you reach the property on the right-hand side of the road. The property is well-suited for a variety of commercial uses, particularly businesses that would benefit from the existing buildings and ample space. Serious inquiries only.
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.