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    501 Ames St Gladewater, TX 75647

    For Sale
    Contact for pricing

    3.65-Acre Commercial Land, Redevelopment Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional 3.65-acre commercial property located at 501 Ames, Gladewater, TX, presents a unique redevelopment opportunity. Previously utilized as a convalescent home, the property offers significant potential for a variety of commercial ventures. The expansive lot size provides ample space for new construction or adaptive reuse, catering to a wide range of business needs. The property's location in Gladewater, TX, offers access to local amenities and a growing community. Given its history and size, this site is ideal for entrepreneurs and developers seeking a prime location to establish a new business or expand existing operations. The seller is actively seeking offers, making this an attractive investment opportunity for those with a vision for transforming this property into a thriving commercial asset. The absence of a listed square footage allows for flexible development plans, accommodating various building sizes and configurations. Serious inquiries are encouraged to explore the possibilities and submit proposals. The property is being sold as-is. Interested parties are responsible for conducting their own due diligence and verifying all information. This is a chance to acquire a substantial piece of commercial real estate in a desirable location with significant upside potential. Don't miss this chance to shape the future of this property.

    Property Features for 501 Ames St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    158,994 SF

    Building Details

    Year Built
    1969
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Gladewater
    County
    Gregg
    State
    Texas
    Longitude
    -94.93612
    Latitude
    32.53632

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    FAQs

    What type of property is this?
    Commercial real estate - 3.65-Acre Commercial Land, Redevelopment Potential
    Where is this commercial real estate located?
    The property is located at 501 Ames St Gladewater, TX.
    (903) 845-4548
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    Gladewater, TX 75647
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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 Ames St Gladewater, TX 75647
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