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    1208 Titus St Gilmer, TX 75644

    For Sale
    $224,500

    Established restaurant, high-traffic location, 2,250 sq ft.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    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 Features for 1208 Titus St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    15,682 SF

    Building Details

    Year Built
    1977
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bibi’s Eats and Sweets American Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Gilmer
    County
    Upshur
    State
    Texas
    Longitude
    -94.94418
    Latitude
    32.73996

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    FAQs

    What type of property is this?
    Commercial real estate - Established restaurant, high-traffic location, 2,250 sq ft.
    Where is this commercial real estate located?
    The property is located at 1208 Titus St Gilmer, TX.
    What is the asking price?
    The asking price for this property is $224,500.
    (903) 680-4663
    Request Owner's contact information
    1208 Titus 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
    1208 Titus St Gilmer, TX 75644
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