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    Hwy 271 Gilmer, TX 75644

    For Sale
    $75,000

    High-traffic location, excellent business opportunity.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional commercial property, priced at $75,000, is strategically located on Highway 271 in Gilmer, Texas. Its prime position offers unparalleled visibility and accessibility for any business seeking a high-traffic location. The lot itself is situated next to the Gilmer Inn Hotel, ensuring a steady stream of potential customers and creating a synergistic environment for various commercial ventures. The property's size is not specified, presenting a unique opportunity to tailor the development to specific business needs. The high-traffic nature of Highway 271 guarantees significant exposure to a large daily volume of vehicles, making this an ideal location for retail, hospitality, or service-based businesses. The proximity to the established Gilmer Inn Hotel further enhances the property's appeal, offering potential for complementary businesses or collaborative ventures. This is a rare opportunity to acquire a commercial property in a thriving location with significant growth potential. The asking price represents a compelling investment opportunity in a desirable area of Gilmer, Texas. Serious inquiries are encouraged to explore the possibilities this location offers. Further details regarding the property's exact dimensions and zoning regulations can be provided upon request.

    Property Features for Hwy 271

    General Information

    Property type
    Other commercial real estate
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Gilmer
    County
    Upshur
    State
    Texas
    Longitude
    -94.82042
    Latitude
    32.59128

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, excellent business opportunity.
    Where is this commercial real estate located?
    The property is located at Hwy 271 Gilmer, TX.
    What is the asking price?
    The asking price for this property is $75,000.
    (903) 680-2400
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    Hwy 271 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
    Hwy 271 Gilmer, TX 75644
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