280 Nec Steven Ave & Ave, Farmersville, CA 93223
This exceptional 2.63-acre commercial land parcel, located at the northeast corner of Steven Avenue and Avenue 280 in Farmersville, California (APN: 128-140-038 and 039), presents a unique investment opportunity. Zoned for retail commercial use, this property boasts a prime location directly across from City Hall, situated on a four-lane street ensuring high visibility and accessibility. The City of Farmersville has already approved a proposed project encompassing three buildings totaling approximately 22,956 square feet, with plans including 94 parking spaces. This approved plan outlines a shopping center, but the zoning allows for flexibility in development. Alternative uses, subject to zoning approvals, could include a mixed-use office development or a retail park incorporating medical offices. The substantial lot size offers ample space for a variety of commercial ventures, making this an ideal opportunity for developers seeking a high-traffic location in a growing community. This property is offered at an asking price of $575,000. 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
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.