1950 South LoopStephenville, TX 76401

For Sale
$2,800,000

High-income potential, 30,800 sq ft, 9.68 acres

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 30,800-square-foot commercial property, situated on a generous 9.68-acre lot in Stephenville, Texas, presents a compelling investment opportunity. Currently operating as a thriving flea market, this income-producing asset boasts significant potential for expansion and diversification. Built in 1982, the property features a metal roof and ample parking, including both garage and open spaces. The zoning is industrial, allowing for a wide range of uses. Key features include city water and sewer connections, and a rail spur site at the rear, although currently inactive and requiring rehabilitation. The property also includes several outbuildings, both enclosed and open, offering additional storage or operational space. Benefiting from high visibility due to its US 377 highway frontage, the property offers endless possibilities for future development. The existing flea market setup provides a strong foundation for continued income generation, while the substantial lot size allows for significant expansion. A potential additional entry point off Caporal Avenue further enhances accessibility and flexibility. This property is offered at $2,800,000.

Highlights

  • 30,800 square foot building.
  • 9.68-acre lot.
  • Commercial property.
  • 1982 construction.
  • Metal roof.
  • Garage and open parking available.

Property Details for 1950 South Loop

Property type
Other specialty properties, Other retail properties
Square Feet
30,800 SF
Year Built
1982
Lot Size (sq. ft)
421,661 SF

Location Insight

City
Stephenville
County
Erath
State
Texas
Latitude
32.20615
Longitude
-98.2220669
1950 South Loop, Stephenville, Texas

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1950 South Loop
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