2202 South Loop Stephenville, TX 76401
This exceptional 1.296-acre commercial lot in Stephenville, Texas, presents a remarkable investment opportunity. Located at 2202 W South Loop, this property boasts excellent visibility and strong traffic exposure due to its prime road frontage. The land has already been cleared, simplifying the development process and saving significant time and costs. Furthermore, the property comes with existing, city-approved plans for new retail construction, streamlining the permitting and approval stages. This eliminates much of the pre-development hurdles, allowing for a quicker path to profitability. The site is zoned for retail and commercial business uses, offering considerable flexibility for a variety of development projects. Stephenville's thriving community, coupled with the significant growth of its university, creates a robust and expanding market. This presents a unique chance to capitalize on the city's economic boom and become a key player in its continued development. The APN is R000030478, and the property is situated in Erath County, Texas, zip code 76401. The asking price for this ready-to-develop commercial land is $1,100,000. Don't miss this chance to be part of Stephenville's exciting future.
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Compass Nutrition Inc Physician
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.