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High-Traffic Commercial Acreage Opportunity
For Sale
$2,249,000

700 W Highway 82, Gainesville, TX 76240

Acre of multi-use commercial property in high-traffic location near I-35.

Property SizeContact for details
Lot Size1.01 Acres
Days on Market561

Property Features for 700 W Highway 82

General Information

Standard status Active
Lot size 1.01 Acres
Listing Agency: Prime Properties
Listed By: Natalie Graves · License #0638527
Source: Exprealty
Added: Jan 28, 2025 Changed: Aug 9 Last Checked: Aug 9 at 10:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Prime Properties

Investment Insights

Based on property information with market context.

This multi-use commercial property offers an acre of land in a high-traffic location on Highway 82 in Gainesville, seconds from I-35. The property features road frontage on four sides: Highway 82, Culberson Street, Yates, and Mill Street, providing visibility and easy access. Situated in a thriving and fast-growing area, the property includes a laundromat that has been in business for over 35 years, three leased houses, a vacant lot, an office building, and a 30-foot advertising billboard at the corner of Highway 82 and Culberson Street. The laundromat is owner-occupied and operated, while the other parcels are leased, generating income. Only half of the laundromat building is currently in use, leaving the other half available for lease. A large vacant lot on the southwest end of the property is ready for development.

Key Highlights

  • Acre of multi‑use commercial property in a high‑traffic location on Hwy 82, seconds from I‑35.
  • Road frontage on 4 sides (Hwy 82, Culberson Street, Yates and Mill Street) offering great visibility and easy access.
  • Includes a well‑established laundromat (in business for over 35 years), 3 leased houses, a vacant lot, an office building, and a billboard.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Dental Office Spa & Massage Center Hair Salon Kitchen & Bath Showroom Law Firm Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

449
Businesses Nearby

Demographics for 76240, TX

28,349
Population
12,412
Households
2.3
Avg Household Size
39
Median Age
24%
College-Educated
87%
High-School Grad
369.4 sq mi
ZIP Area
77
Density / Sq Mi
$67,056
Median Household Income
$40,167
Median Earnings
$1,105
Median Rent
$207,600
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Acre of multi-use commercial property in high-traffic location near I-35.
Where is this mixed-use property located?
The property is located at 700 W Highway 82 Gainesville, TX.
What is the asking price?
The asking price for this property is $2,249,000.
What are key features of this property?
This property features: Acre of multi‑use commercial property in a high‑traffic location on Hwy 82, seconds from I‑35.; Road frontage on 4 sides (Hwy 82, Culberson Street, Yates and Mill Street) offering great visibility and easy access.; Includes a well‑established laundromat (in business for over 35 years), 3 leased houses, a vacant lot, an office building, and a billboard.
More about this property
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