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    2235 I-35 Hwy Gainesville, TX 76240

    For Sale
    $19,385,663

    Prime 27-Acre I-35 Development Site

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 27.81-acre commercial land parcel presents a unique investment opportunity in Gainesville, Texas. Strategically located along the heavily trafficked I-35 Highway and near Hwy 82, this property boasts unparalleled visibility and accessibility for businesses. Its prime location offers significant advantages for developers seeking to capitalize on the high volume of traffic along this major Texas transportation corridor connecting key cities. The proximity to local attractions and amenities, including the renowned Winstar World Casino, further enhances its appeal to travelers and local residents alike. Gainesville's growing population and steady influx of visitors create a strong demand for hospitality services, making this site ideal for restaurants and hotels. The substantial acreage allows for significant development potential, catering to both the local community and the substantial tourist traffic. This property represents a rare chance to establish a thriving commercial hub in a dynamic and expanding market, offering substantial returns for investors while contributing to the economic growth of Gainesville. The site's location on I-35 and its proximity to Hwy 82 ensure high visibility and easy access, making it an attractive location for a variety of commercial ventures. The potential for significant development makes this a compelling investment opportunity in a rapidly growing area. The property is priced at $19,385,663.

    Property Features for 2235 I-35 Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    1,211,404 SF

    Building Details

    Year Built
    1800
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Gainesville
    County
    Cooke
    State
    Texas
    Longitude
    -97.15743
    Latitude
    33.65035

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 27-Acre I-35 Development Site
    Where is this commercial real estate located?
    The property is located at 2235 I-35 Hwy Gainesville, TX.
    What is the asking price?
    The asking price for this property is $19,385,663.
    Request Owner's contact information
    2235 I-35 Hwy Gainesville, TX 76240
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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
    2235 I-35 Hwy Gainesville, TX 76240
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