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    271 Tbd Hwy Gilmer, TX 75645

    For Sale
    $429,900

    Prime 0.4-acre lot, Hwy 271 frontage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 0.4-acre commercial land parcel presents a remarkable opportunity for businesses seeking a high-visibility location in Gilmer, Texas. Situated on Highway 271, this property boasts 160 feet of frontage and a depth of 220 feet, offering ample space for development. The lot's south-facing orientation maximizes natural light. Its strategic location within Gilmer provides easy access to local amenities and a strong customer base. The area has seen recent growth, with notable businesses such as Chicken Express and Subway opening within the past year, indicating a thriving and expanding commercial sector. This property is ideal for a variety of commercial uses, offering significant potential for return on investment. The address is TBD HWY 271, Gilmer, TX 75645, located in Upshur County. The asking price for this exceptional opportunity is $429,900. This is a rare chance to acquire a well-positioned commercial lot in a growing Texas town. Don't miss out on this chance to establish your business in a prime location.

    Property Features for 271 Tbd Hwy

    General Information

    Property type
    Distribution properties
    Lot Size
    17,424 SF

    HighLights

    • $429,900 asking price.
    • Industrial land property in Gilmer, Texas.
    • 0.4‑acre lot.
    • Located on Hwy 271 with 160 feet of frontage.
    • Great location for businesses; recent nearby commercial development includes Chicken Express and Subway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Gilmer
    County
    Upshur
    State
    Texas
    Longitude
    -94.9398914
    Latitude
    32.690155

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    FAQs

    What type of property is this?
    Distribution property - Prime 0.4-acre lot, Hwy 271 frontage.
    Where is this distribution property located?
    The property is located at 271 Tbd Hwy Gilmer, TX.
    What is the asking price?
    The asking price for this property is $429,900.
    What are key features of this property?
    This property features: $429,900 asking price.; Industrial land property in Gilmer, Texas.; 0.4-acre lot.
    Request Owner's contact information
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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
    271 Tbd Hwy Gilmer, TX 75645
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