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    501 N Cypress St Gilmer, TX 75644

    For Sale
    $40,000

    Unimproved Land - Gilmer, TX

    Type:Unimproved Land
    Lot size:
    0.25 Acres
    Days on Market:
    204
    Last Refresh:
    Dec 10 at 5:06 am

    Property Features for 501 N Cypress St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    72518
    Lot size
    0.25 Acres

    Building Details

    Year built
    2025
    Architectural style
    Other

    Texas Real Estate Executives (903) 680-4663

    Listing agent Victoria Wolfe (903) 680-4663 License #0536664

    Listing date May 21, 2025

    MLS# 20943673 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

    Commercially Zoned Corner Lot

    This commercially zoned corner lot is located within Gilmer city limits, offering a high-visibility location at the intersection of Cypress and East Scott. Situated one block off US Hwy 271, the property benefits from a high-traffic area and is on the direct route to Barnwell Mountain Recreation Park. The lot is positioned across from USPS, providing excellent visibility and accessibility. The property is backed by a treed lot, adding privacy and aesthetic appeal. This location is ideal for various business ventures, including retail, office space, a restaurant, or an investment property. The lot size is 0.25 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Gilmer
    County
    Upshur
    State
    Texas
    Longitude
    -94.940018
    Latitude
    32.733018

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    FAQs

    What type of property is this?
    Commercial land - Commercially zoned corner lot in a high-visibility location.
    Where is this commercial land located?
    The property is located at 501 N Cypress St Gilmer, TX.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: - Commercially Zoned Corner Lot; - **High-Visibility Location** at Cypress and East Scott; - Prime Location: One Block Off US Hwy 271
    (903) 680-4663
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    501 N Cypress St Gilmer, TX 75644
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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
    501 N Cypress St Gilmer, TX 75644
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