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1481 W South Loop
Stephenville, TX 76401
Retail Property For Sale
Investment Highlights
- 16,640 SF Multi-Tenant Retail Center
- No Near-Term Capital Needs
- Offered Below Replacement Cost
- Asking Price: $2,400,000 ($144/SF)
- Value Add Through Future Rent Growth
Executive Summary
Opportunity to acquire an income-producing retail property positioned along W South Loop in Stephenville, Texas, one of the city’s primary commercial corridors with strong daily traffic counts and excellent accessibility. Located near Tarleton State University and surrounded by national retailers, restaurants, and growing residential development, the property offers investors stable in-place income in a steadily expanding market. With prominent frontage, strong visibility, and convenient access to major thoroughfares, 1481 W South Loop presents an attractive opportunity for both long-term hold investors and those seeking value in a thriving regional trade area.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
16,640 SF
Building Class
C
Year Built
1977
Price
$2,400,000
Price Per SF
$144.23
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
1.19 AC
Zoning
B2 - Commercial Business
Parking
100 Spaces (6.01 Spaces per 1,000 SF Leased)
Frontage
123’ on West South Loop
Property Taxes
| Parcel Number | R000033788 | Improvements Assessment | $666,280 |
| Land Assessment | $260,060 | Total Assessment | $926,340 |
Property Taxes
Parcel Number
R000033788
Land Assessment
$260,060
Improvements Assessment
$666,280
Total Assessment
$926,340
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