$34,500
↓ $5K (12.7%)
●
Land -
For Sale
815 Culver Street
Commerce, TX 75428
Studio
0 Bath
$170
Est. Monthly
About This Property
Prime Commercial Development Opportunity on State Highway 11!
Strategically located on State Highway 11 (Culver Street), this versatile 0.657-acre commercial parcel offers exceptional visibility and accessibility. The predominantly level, cleared lot provides an ideal canvas for your business vision, while mature trees along the eastern creek bank add natural character to the property.
This high-potential site presents multiple development opportunities:
- Retail establishments
- Restaurant concepts
- Automotive service center
- Mini-storage facility
- Auto sales dealership
- Investment holding.
The property's prime highway frontage ensures excellent exposure to daily traffic, while its generous dimensions allow for flexible site planning. A portion of the eastern sector (approximately 20% according to Hunt County Appraisal District) lies within the 100-year floodplain, leaving ample buildable area for commercial development.
Position your business for success on this well-situated commercial parcel offering both immediate development potential and long-term value appreciation.
All information deemed reliable but is to be verified by buyer and or buyer's agent.
Strategically located on State Highway 11 (Culver Street), this versatile 0.657-acre commercial parcel offers exceptional visibility and accessibility. The predominantly level, cleared lot provides an ideal canvas for your business vision, while mature trees along the eastern creek bank add natural character to the property.
This high-potential site presents multiple development opportunities:
- Retail establishments
- Restaurant concepts
- Automotive service center
- Mini-storage facility
- Auto sales dealership
- Investment holding.
The property's prime highway frontage ensures excellent exposure to daily traffic, while its generous dimensions allow for flexible site planning. A portion of the eastern sector (approximately 20% according to Hunt County Appraisal District) lies within the 100-year floodplain, leaving ample buildable area for commercial development.
Position your business for success on this well-situated commercial parcel offering both immediate development potential and long-term value appreciation.
All information deemed reliable but is to be verified by buyer and or buyer's agent.
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Land Size
0.66 acres
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (NTREIS #20835607)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 2, 2025 | Price Decreased |
$34,500
↓ $5K
(12.7%) | |
| Price Decreased | |||
| Feb 4, 2025 | Listed by FanninLand Realty | $39,500 | |
| Listed by FanninLand Realty | |||
| Jun 4, 2024 | Withdrawn | - | |
| Withdrawn | |||
| May 6, 2024 | Listed by FanninLand Realty | $65,000 | |
| Listed by FanninLand Realty | |||
| | |||
|
GREAT LOCATION! Well situated 0.655 acre lot located directly on State Highway 11 (Culver St.) Property is level and mostly cleared, with some trees along a creek bank on the east side. Perfect site for many commercial uses including retail, restaurant, mechanic shop, mini-storage units, auto sales or to just hold as an investment. Hunt CAD mapping indicates approximately 20% of the property may be situated within the 100 year floodplain. All information deemed reliable but is to be verified by buyer and or buyer's agent.
| |||
| Nov 15, 2023 | No longer available | - | |
| No longer available | |||
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Property Highlights
Exterior Details
Lot Features: Cleared, Few Trees, Level
Lot Size Area: 0.657
Lot Size Units: Acres
Lot Size Acres: 0.657
Lot Size Square Feet: 28618.92
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Commerce
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Listed by: Chris Johnson, FanninLand Realty
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20835607
Details provided by NTREIS and may not match the public record
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20835607
Details provided by NTREIS and may not match the public record
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