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    860 State Highway 5 Fairview, TX 75069

    • Retail properties
    • 4.50 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 860 State Highway 5

    Year built
    1940
    Lot size
    4.50 lot acres
    Property type
    Retail properties
    Property subtype
    Land

    Description

    This exceptional 4.5-acre commercial property, located at 860 S State Highway 5 in Fairview, Texas (Collin County, zip code 75069), presents a unique investment opportunity. Priced at $5,400,000, the land is zoned for Commercial Planned Development District use. Built in 1940, the property previously operated as a nursery and includes a small existing building. The lot size encompasses 4.5 acres of a larger 5-acre parcel

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fairview
    County
    Collin
    State
    Texas
    Longitude
    -96.635
    Latitude
    33.1526

    Comparable in this City

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      51,703 SF

      1651-1751 Eldorado Pkwy

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      0.75 Acres

      Redbud Blvd

      Land • 0.75 Acres
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      1.00 Acre

      3700 University Dr

      Land • 1.00 Acre
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      Muse Pkwy

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      Land available for lease, build to suit options.
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    860 State Highway 5
    Fairview, TX 75069
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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