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    Neq Gun Barrel Ln & Main St Gun Barrel City, TX 75147

    For Sale
    Contact for pricing

    2.35 Acres, High-Traffic Location, Cedar Creek Lake Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 2.35-acre commercial land parcel presents a unique investment opportunity in the thriving Gun Barrel City/Mabank area of Texas. Strategically located on TX-198 (3rd St), this pad site enjoys high visibility and accessibility, situated between the towns of Mabank and Gun Barrel City, near the scenic shores of Cedar Creek Lake. Its prime location offers convenient access to a robust consumer base, with proximity to major retailers such as Walmart (1.7 miles) and Brookshire's Grocery (0.9 miles). The site benefits from its position on a major artery connecting Mabank and Gun Barrel City, ensuring significant traffic flow. This area has experienced consistent commercial and residential growth, fueled by its proximity to the Dallas-Fort Worth metroplex (approximately 90 minutes away). The property's immediate vicinity includes established businesses such as Tractor Supply Co and UT Health East Texas Urgent Care, indicating a strong and growing commercial presence. Future development plans in the surrounding area include flex industrial spaces and single and multifamily residential projects, further enhancing the long-term value of this exceptional property. The property is available for sale or lease, making it an ideal investment for developers and businesses seeking a high-impact location in a rapidly expanding market. The property is located at NEQ Gun Barrel Ln & Main St, Gun Barrel City, TX 75147.

    Property Features for 0 Neq Gun Barrel Ln & Main St

    General Information

    Property type
    Land
    Lot Size
    102,366 SF

    HighLights

    • 2.35± acre commercial lot on TX‑198 (3rd St) between Mabank and Gun Barrel City, TX, near Cedar Creek Lake.
    • 90‑minute drive from Dallas; strong commercial and residential growth in the area.
    • High‑traffic location on TX‑198, 1.7± miles from Gun Barrel City Walmart and 0.9± miles from Mabank Brookshire's.
    • Adjacent to Tractor Supply Co. and UT Health East Texas Urgent Care.
    • Future development includes flex industrial, single‑family, and multifamily projects.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Gun Barrel City
    County
    Mabank
    State
    Texas
    Longitude
    -96.1122296
    Latitude
    32.3318416

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    FAQs

    What type of property is this?
    Land - 2.35 Acres, High-Traffic Location, Cedar Creek Lake Area
    Where is this land located?
    The property is located at Neq Gun Barrel Ln & Main St Gun Barrel City, TX.
    What are key features of this property?
    This property features: 2.35± acre commercial lot on TX-198 (3rd St) between Mabank and Gun Barrel City, TX, near Cedar Creek Lake.; 90-minute drive from Dallas; strong commercial and residential growth in the area.; High-traffic location on TX-198, 1.7± miles from Gun Barrel City Walmart and 0.9± miles from Mabank Brookshire's.
    Request Owner's contact information
    Neq Gun Barrel Ln & Main St Gun Barrel City, TX 75147
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    Gun Barrel City, TX 75147
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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
    Neq Gun Barrel Ln & Main St Gun Barrel City, TX 75147
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