218 Highway 67 Keene, TX 76059
This exceptional 1.31-acre commercial property, located at 218 E Highway 67 in Keene, Texas, presents a remarkable opportunity for a diverse range of businesses. Boasting 923 square feet of existing building space, the property enjoys a highly desirable location with excellent visibility on US Highway 67, experiencing a daily traffic count exceeding 20,000 vehicles. Its proximity to Keene Independent School District (elementary, middle, junior high, and high school) within 600 feet, coupled with its location near Southwestern Adventist University, Chisholm Trail Academy, and Keene Adventist Elementary within one mile, ensures a substantial and consistent customer base. The property's strategic position offers easy access to major transportation arteries, being only 6 miles east of Interstate 35 West and the city of Alvarado, and 6 miles east of Cleburne. Fort Worth is approximately 25 miles away. The area is experiencing significant residential growth, with five new housing subdivisions currently under development in Keene, further enhancing the property's long-term potential. This prime location is ideal for various business ventures, including fast food, restaurants, strip centers, beauty and barber shops, specialty coffee shops, day spas, tax offices, emergency care facilities, and medical offices. The buyer and buyer's agent are responsible for verifying square footage, school district boundaries, tax information, and zoning regulations. This is a rare opportunity to establish a thriving business in a rapidly expanding community.
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.
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.