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    Lutterloh Ave Gatesville, TX 76528

    For Sale
    $315,000

    Prime 1-acre lot, high visibility, development potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 1.03-acre commercial property presents a rare opportunity in the heart of Gatesville, Texas. Strategically located on heavily trafficked Lutterloh Avenue, this lot enjoys unparalleled visibility, situated just steps from the HEB grocery store and a single block from Main Street. The property's size encompasses an entire city block, offering significant development potential. The site is ideally suited for new construction, with the front portion of the lot primed for building. The rear of the property currently includes a warehouse structure

    Property Features for Lutterloh Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    44,867 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Gatesville
    County
    Coryell
    State
    Texas
    Longitude
    -97.7449
    Latitude
    31.43655

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 1-acre lot, high visibility, development potential.
    Where is this commercial real estate located?
    The property is located at Lutterloh Ave Gatesville, TX.
    What is the asking price?
    The asking price for this property is $315,000.
    (254) 865-6991
    Request Owner's contact information
    Lutterloh Ave Gatesville, TX 76528
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    Gatesville, TX 76528
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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
    Lutterloh Ave Gatesville, TX 76528
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