Listing Agency: Coldwell Banker Commercial Lenhart Properties, Inc.

Listed By: OLEG SHTEYMAN · License #TX

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 3:13AM

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Investment Insights

Based on property information with market context.

This flex space is a former restaurant property with a commercial layout that can support several stated reuse concepts. The property information identifies potential applications including another restaurant, retail, office, and warehouse use.

The property is located at 1801 FM 1844 in Gilmer, Texas.

Key Highlights

• Former restaurant property
• Stated reuse potential for restaurant, retail, office, or warehouse applications
• Located at 1801 FM 1844 in Gilmer, TX 75645

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Plumbing Service Storage Facility Grocery & Convenience Store Bakery Kitchen & Bath Showroom Electrical Service

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

12

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 75645, TX

10,724

Population

4,505

Households

2.4

Avg Household Size

43

Median Age

17%

College-Educated

89%

High-School Grad

144.6 sq mi

ZIP Area

74

Density / Sq Mi

$64,069

Median Household Income

$47,741

Median Earnings

$1,060

Median Rent

$178,700

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Flex space - Former restaurant premises with stated potential for retail, office, or warehouse use.

Where is this flex space located?

The property is located at 1801 FM 1844 Gilmer, TX.

What are key features of this property?

This property features: Former restaurant property; Stated reuse potential for restaurant, retail, office, or warehouse applications; Located at 1801 FM 1844 in Gilmer, TX 75645