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Renovated Office Building with Frontage
For Sale
$275,000

505 US Highway 271 S, Gilmer, TX 75644

COMMERCIAL, Gilmer, TX

Property Size1,400 SF
Lot Size0.13 Acres
Price / SF$196.43
Days on Market106

Property Features for 505 US Highway 271 S

General Information

Property type Commercial Sale
Property subtype Office
Directions From Longview take 300 North towards Gilmer. Turn right on US Hwy 271. The property is located on the right.
Subdivision GILMER ISD 332
Standard status Active
Lot size 0.13 Acres

Amenities

2 full bathrooms
abundant storage

Building Details

Year built 1966
Floors in Building 1
Number of units 1
Building materials Brick
Roof type Metal
Listing Agency: Sugar Magnolia Properties
Listed By: Katherine Smith
Added: May 26 Changed: Aug 19 Last Checked: Sep 8 at 5:06AM
MLS# 20263765

Copyright © 2026 Longview Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 505 US Highway 271 S in Gilmer, this standalone office building provides 1,400 square feet of commercial space on a 0.13-acre lot. The property was renovated in 2025 with new HVAC and flooring throughout. Its interior includes two full bathrooms and storage, while the building’s vacant condition allows for a new office layout without removing an existing occupant’s improvements.

The property sits along US Highway 271 S within an established commercial area and shopping center surrounded by other businesses. Brick construction, a metal roof, and on-site parking add to the building’s functional profile. The site’s highway frontage supports visibility for an office, professional meeting space, retail shop, restaurant, salon, or service business, as identified in the property information.

Key Highlights

  • 1,400 square foot standalone commercial building
  • Renovated in 2025 with new HVAC and flooring throughout
  • Two full bathrooms and abundant storage

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Skin Care Clinic (Bike/Boat/Book/etc) Store Pharmacy Garden 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.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

661
Businesses Nearby

Demographics for 75644, TX

11,720
Population
5,150
Households
2.3
Avg Household Size
41
Median Age
18%
College-Educated
86%
High-School Grad
186.6 sq mi
ZIP Area
63
Density / Sq Mi
$56,155
Median Household Income
$36,365
Median Earnings
$1,024
Median Rent
$164,600
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?
Office building - Vacant standalone property includes new HVAC, updated flooring, two bathrooms, storage, and on-site parking.
Where is this office building located?
The property is located at 505 US Highway 271 S Gilmer, TX.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 1,400 square foot standalone commercial building; Renovated in 2025 with new HVAC and flooring throughout; Two full bathrooms and abundant storage
More about this property
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