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    143 Rea Rd Gilmer, TX 75644

    For Sale
    $399,900

    Commercial - Gilmer, TX

    Lot size:
    11.40 Acres
    Days on Market:
    106
    Last Refresh:
    Dec 10 at 5:06 pm

    Property Features for 143 Rea Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    11.40 Acres

    Building Details

    Year built
    2025
    Number of units
    2
    Roof type
    Metal
    Architectural style
    Other

    Texas Real Estate Executives, The Daniels Group (903) 680-4663 [email protected]

    Listing agent Cayden Burnett (903) 680-4663

    Listing date Aug 27, 2025

    MLS# 20255897 Listing URL

    Copyright © 2025 Longview Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Gilmer, TX Commercial Opportunity

    This 11.4-acre property in Gilmer, TX, presents a unique opportunity with two commercial buildings and extensive road frontage. The property benefits from access to HWY 154 from the southwest corner, frontage on Buffalo Street on the north side, and frontage along REA Road. The zoning is split between residential and commercial, offering potential for various development options. The property could be a great investment with room to build multiple homes or more commercial buildings.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Gym & Fitness Hotel & Motel Kitchen & Bath Auto Repair Shop Computer & Electronic Repair Discount Store Bed & Breakfast Plumbing Service Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Gilmer
    County
    Upshur
    State
    Texas
    Longitude
    -94.9896
    Latitude
    32.7226

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    FAQs

    What type of property is this?
    Commercial land - 11-acre property with commercial builds and road frontage in Gilmer.
    Where is this commercial land located?
    The property is located at 143 Rea Rd Gilmer, TX.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: - 11-acre property with significant road frontage on Buffalo St & REA Rd and access to HWY 154.; - Dual zoning: Part residential, part commercial, offering diverse development possibilities.; - Two existing commercial buildings on the property.
    (903) 680-4663
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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
    143 Rea Rd Gilmer, TX 75644
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