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Property profile & analytics
OFF-MARKET
Commercial real estate

Lockhart Rd Stephenville, TX 76401

3.16 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.16-acre commercial property presents a unique investment opportunity in Stephenville, Texas. Strategically located approximately 500 feet south of Washington Street (U.S. Hwy 377), this land enjoys high visibility in a rapidly developing commercial area. Its prime location directly behind the Holiday Inn Express and adjacent to a new construction project ensures significant future growth potential. The property offers ample space for a wide range of commercial ventures, making it ideal for developers and businesses seeking expansion. Phase one environmental studies are complete, and a survey is available, streamlining the development process. While a portion of the land falls within a designated flood plain, this factor is reflected in the negotiable pricing structure. The asking price is $675,000, and serious offers are encouraged. This is a rare chance to acquire a substantial parcel in a thriving Texas town, poised for continued commercial expansion. Don't miss this chance to secure a piece of Stephenville's future. Contact us today to learn more and schedule a site visit.

Property profile
Verified
Property type Commercial real estate
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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