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    Upshur Ave Gladewater, TX 75647

    For Sale
    $675,000

    Versatile 29,000 sq ft building, prime location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional commercial property in Gladewater, Texas presents a unique investment opportunity. The expansive 1.48-acre lot houses a substantial 29,000 square foot building, currently configured as a church. However, its adaptable layout and multiple large rooms, office spaces, and specialized areas lend themselves to a wide array of commercial uses. Imagine transforming this space into a retail center, corporate headquarters, or even maintaining its current use as a place of worship. The building's strategic location offers unparalleled convenience, with easy access to major highways ensuring seamless transportation for employees and clients. Furthermore, its proximity to local shopping and dining establishments creates a vibrant and attractive environment. This property represents a rare chance to acquire a significant commercial asset in a thriving Texas community. The substantial size and versatile design offer considerable flexibility for future development and adaptation to meet diverse business needs. Don't miss this chance to secure a prominent location with significant potential for growth and return on investment. The property is priced at $675,000.

    Property Features for Upshur Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    64,469 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Gladewater
    County
    Gregg
    State
    Texas
    Longitude
    -94.9608
    Latitude
    32.54274

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile 29,000 sq ft building, prime location.
    Where is this commercial real estate located?
    The property is located at Upshur Ave Gladewater, TX.
    What is the asking price?
    The asking price for this property is $675,000.
    (903) 657-1577
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    Upshur Ave Gladewater, TX 75647
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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
    Upshur Ave Gladewater, TX 75647
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