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    114 Bruce St Gilmer, TX 75644

    Sponsored
    For Sale
    $699,000

    Unimproved Land - Gilmer, TX

    Type:Unimproved Land
    Lot size:
    1.50 Acres
    Days on Market:
    24
    Last Refresh:
    Jan 7 at 2:06 am

    Property Features for 114 Bruce St

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    3909
    Lot size
    1.50 Acres

    Building Details

    Architectural style
    Other

    Dwell Realty (903) 525-9317

    Listing agent Jacob Ashley (903) 525-9317 License #0746358

    Listing date Dec 15, 2025

    MLS# 21131191 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Land in Gilmer

    This commercial land in Gilmer, TX, offers almost 1.5 acres of level, raw land situated at the intersection of US Highway 271 and State Highway 300. Accessibility is enhanced by an estimated 350 feet of highway frontage and 370 feet of city street frontage. A traffic light at the location is expected to attract customer attention. The property is located next to the Gilmer Jr. High, where school events take place. Utilities are set. The site includes one of the last grandfathered billboard locations in Gilmer, presenting an opportunity for passive income. The property is suitable for various commercial uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gilmer
    County
    Upshur
    State
    Texas
    Longitude
    -94.9414482
    Latitude
    32.71835346

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    FAQs

    What type of property is this?
    Commercial land - Almost 1.5 acres of level land at a busy intersection.
    Where is this commercial land located?
    The property is located at 114 Bruce St Gilmer, TX.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - Prime commercial land at the intersection of US Highway 271 and State Highway 300.; - High visibility with approximately 350 feet of highway frontage and 370 feet of city street frontage.; - Traffic light at the intersection provides increased exposure to potential customers.
    (903) 525-9317
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    114 Bruce St Gilmer, TX 75644
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