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    FOR SALE
    Commercial real estate

    1866 E Washington St Stephenville, TX 76401

    40 ac lot
    Property ID
    US82-6497276
    1866 E Washington St, Stephenville, TX 76401 For Sale 1 / 34
    $3,600,000
    1866 E Washington St, Stephenville, TX 76401
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    Property summary
    AI-generated overview

    This expansive 40-acre tract presents a remarkable investment opportunity in Stephenville, Texas. Strategically located on Business 377 with frontage on US Hwy 377 South Loop, this property offers unparalleled access and visibility. Its proximity to the US Hwy 281 intersection and Tarleton State University makes it ideal for a variety of uses, including housing developments, retail spaces, industrial complexes, or other commercial ventures. The property boasts existing infrastructure, including city water availability and nearby city sewer. While needing significant attention, a rock farmhouse, water well, old barns, and a storm shelter are situated on the land. Existing fencing and cross-fencing are in place. Zoned within the Stephenville ETJ, this property is surrounded by thriving businesses, ensuring a strong return on investment. The asking price is $3,600,000. Don't miss this chance to acquire a substantial piece of land with immense development potential in a rapidly growing area.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 40 ac (1,742,400 SF)
    UPID US82-6497276
    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
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    1866 E Washington St, Stephenville, TX, 76401
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