4696-A Hwy Stephenville, TX 76401

Property Details for 4696-A Hwy

Year built

1992

Lot size

135.43 lot acres

Property type

Commercial real estate

Description

This exceptional 135.43-acre commercial property in Stephenville, Texas, presents a unique investment opportunity. Known as Lone Star Arena, this established event center boasts approximately 150,000 square feet of indoor space and an additional 57,000 square feet of covered area, providing ample room for diverse uses. The property features two separate indoor arenas under one roof, creating a versatile space for various events. Seven renovated skyboxes offer premium viewing experiences, while 110 RV hookups cater to attendees requiring overnight accommodations. With 344 stalls and eight large fans, the arena is well-equipped to handle large-scale events and livestock. Ample parking is available, ensuring convenient access for all visitors. A private club adds an exclusive element to the property. The property's strategic location on Highway 377 in Stephenville, a rapidly growing community known for Tarleton State University and its strong equestrian presence, ensures high visibility and significant traffic flow. The arena's capacity to seat nearly 3,000 spectators, combined with its two entrances, makes it an ideal venue for a wide range of events, attracting clientele from both local and international markets. This property offers endless possibilities for expansion and diversification, making it a truly remarkable commercial real estate investment. The asking price is $6,000,000.

Location Insight

City

Stephenville

County

Erath

State

Texas

Longitude

-98.1651

Latitude

32.2408