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    604 Us Highway 271 Gilmer, TX 75644

    For Sale
    $985,000

    Highway frontage, large shop, acreage.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional commercial property boasts approximately 238 feet of frontage on US Highway 271 South in Gilmer, Texas. The offering includes a substantial 1800 square foot shop, fully heated and cooled for year-round comfort and functionality. The shop's construction incorporates spray foam insulation, ensuring energy efficiency and climate control. The property sits on a generous 7.566 +/- acres, providing ample space for expansion, outdoor storage, or additional development. Its strategic location on a major highway offers excellent visibility and accessibility, making it ideal for a variety of commercial uses. The substantial acreage provides flexibility for future growth and potential development opportunities. This property presents a rare opportunity to acquire a well-maintained, versatile commercial space with significant highway frontage in a thriving Texas community. The existing shop's size and features make it suitable for a range of businesses, while the expansive land offers considerable potential for future expansion or development. The combination of prime location, building improvements, and ample land makes this an attractive investment opportunity. Serious inquiries are encouraged to explore the possibilities this property offers.

    Property Features for 604 Us Highway 271

    General Information

    Property type
    Other commercial real estate
    Property Profile Location Intelligence

    Current Use by Public Records

    Mr. Space Makers Portable Building Manufacturer Smith Quality Meats Butcher Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -94.94262
    Latitude
    32.72098

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    FAQs

    What type of property is this?
    Commercial real estate - Highway frontage, large shop, acreage.
    Where is this commercial real estate located?
    The property is located at 604 Us Highway 271 Gilmer, TX.
    What is the asking price?
    The asking price for this property is $985,000.
    (903) 680-2400
    Request Owner's contact information
    604 Us Highway 271 Gilmer, TX 75644
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    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
    604 Us Highway 271 Gilmer, TX 75644
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