Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    31083 Us Highway 377 Gordonville, TX 76245

    For Sale
    $850,000

    Business - Gordonville, TX

    Type:Business
    Lot size:
    2.15 Acres
    Days on Market:
    159
    Last Refresh:
    Dec 7 at 2:06 am

    Property Features for 31083 Us Highway 377

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    385618
    Parking features
    Boat, Driveway
    Lot size
    2.15 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1998
    Flooring type
    Concrete
    Building materials
    Metal Siding
    Roof type
    Metal
    Architectural style
    Other

    SANDERS REAL ESTATE (903) 564-3426

    Listing agent JON SANDERS (903) 564-3426 License #0501531

    Listing date Jul 2, 2025

    MLS# 20987899 Listing URL

    Copyright © 2025 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

    Restaurant Ready Near Lake Texoma

    This commercial property, situated on over 2 acres along US Hwy 377 in Gordonville, TX, offers high visibility. The property is located minutes from Lake Texoma, Rock Creek Resort and Golf Course, and Megastar Casino, as well as five marinas on the west side of Lake Texoma. The existing building is equipped for a restaurant, featuring space for live bands, a beer garden, and an entertainment area. Ample parking is available around the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Restaurant Realty agency Spa & Massage Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness Food Market Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Gordonville
    County
    Grayson
    State
    Texas
    Longitude
    -96.84236469
    Latitude
    33.83793531

    Nearby Similar for Sale

    • $597,000
      0.45 Acres

      Turnkey Lake Texoma Vacation Rental

      Fully furnished vacation rental property near Lake Texoma.
      340 Oxford Dr, Gordonville, TX 76245
      View Details
    • $3,799,999
      5,500 SF

      92-Acre Ranch Near Lake Texoma

      92-acre ranch suitable for private use, events, or development.
      2887 Liberty Rd, Gordonville, TX 76245
      View Details
    • $999,999
      8.10 Acres

      Versatile Office Building on Acreage

      Commercial office space on 8 acres near Lake Texoma.
      55 Heritage Rd, Gordonville, TX 76245
      View Details
    • $3,950,000
      197.51 Acres

      Texas Ranch Near Lake Texoma

      197+ acre ranch near Lake Texoma with investment potential.
      850 Gordonville Rd, Gordonville, TX 76245
      View Details
    • $140,000
      0.57 Acres

      Ready-to-Go RV Sites Near Lake

      RV sites near Lake Texoma with utilities, rental income potential.
      318 Maid Marian Dr, Gordonville, TX 76245
      View Details
    • $240,000
      1,456 SF

      Lake Texoma Retreat in Gordonville

      Charming home near Lake Texoma, ideal for living or rental.
      515 Whitaker Cir, Gordonville, TX 76245
      View Details

    FAQs

    What type of property is this?
    Restaurant - Restaurant opportunity near Lake Texoma, Rock Creek Resort, and Megastar Casino.
    Where is this restaurant located?
    The property is located at 31083 Us Highway 377 Gordonville, TX.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - High commercial visibility on US Hwy 377; - Restaurant-ready setup with space for live entertainment; - Proximity to Lake Texoma and multiple marinas
    (903) 564-3426
    Request Owner's contact information
    31083 Us Highway 377 Gordonville, TX 76245
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    31083 Us Highway 377
    Gordonville, TX 76245
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    31083 Us Highway 377 Gordonville, TX 76245
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.