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Property profile & analytics
OFF-MARKET
Commercial real estate

1208 Titus St SID Gilmer, TX 75644-3518

13,266 SF 0.37 ac lot Built 1977
Individually Owned Absentee Owner Free & Clear
Property ID
US83-0142848
Property summary
AI-generated overview

This exceptional commercial property, located at 1208 Titus in Gilmer, Texas, presents a unique investment opportunity. Priced at $224,500, this established restaurant building boasts 2,250 square feet of well-maintained space. Its prime location offers unparalleled visibility and accessibility, situated just seconds from the Gilmer City Courthouse and in close proximity to several successful franchises and other businesses. The high-traffic area ensures a steady stream of potential customers. Ample parking is available, adding to the convenience for patrons. The building is fully equipped and ready for immediate occupancy, eliminating the need for extensive renovations or upgrades. This property sits on a 0.36-acre lot, providing ample space for outdoor seating or expansion. Its position within the city's commercial district guarantees excellent exposure and significant potential for growth. This is a rare opportunity to acquire a thriving commercial property in a rapidly developing area. The property's existing infrastructure and strategic location make it an ideal investment for a variety of commercial ventures. Don't miss this chance to own a piece of Gilmer's vibrant commercial landscape.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1977
Total area 13,266 SF
Lot 0.37 ac (15,943 SF)
APN 43722
UPID US83-0142848
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Bibi’s Eats and Sweets Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
ALMA CEDILLOCASTILLO
ALMA CEDILLOCASTILLO
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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