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    119 Gilbert St Henrietta, TX 76365

    For Sale
    $99,999

    Prime Downtown Location, Endless Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 0.08-acre property at 119 W Gilbert Street, Henrietta, Texas, presents a unique investment opportunity in the heart of the city. Situated directly across from the Clay County Courthouse, this building offers unparalleled visibility and accessibility. The property is classified as an office building, although its adaptable open floor plan allows for a variety of uses. Imagine transforming this historic structure into a stunning downtown condo, a thriving retail space, or a distinctive business location. The building's size is not specified, offering flexibility for various business needs and potential renovations. Its prime location ensures high foot traffic and strong visibility, making it an ideal choice for entrepreneurs seeking a prominent presence in Henrietta's vibrant downtown area. The asking price is $99,999, representing a compelling value for a property with such significant potential and historical significance. This is a rare chance to acquire a piece of Henrietta's heritage and shape its future. The property's rich history and central location combine to create an exceptional opportunity for investors and business owners alike. Don't miss this chance to own a piece of Henrietta's downtown. Serious inquiries are encouraged.

    Property Features for 119 Gilbert St

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    3,485 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    John Swenson Law ... Attorney Curtis Cannedy, CPA Certified Public Accountant LUTAC LLC Gun Shop Heritage Real Estate Real Estate Agency Allred Thompson Mason ... Insurance Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Henrietta
    County
    Clay
    State
    Texas
    Longitude
    -98.19615
    Latitude
    33.81539

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Downtown Location, Endless Potential
    Where is this office property / space located?
    The property is located at 119 Gilbert St Henrietta, TX.
    What is the asking price?
    The asking price for this property is $99,999.
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    119 Gilbert St Henrietta, TX 76365
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    Henrietta, TX 76365
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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
    119 Gilbert St Henrietta, TX 76365
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