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    Tbd Hwy 271 Gilmer, TX 75644

    For Sale
    $75,000

    Prime Gilmer, TX Warehouse Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 0 square foot industrial land parcel is strategically located on Highway 271 South in Gilmer, Texas, within Upshur County (zip code 75644). The property's prime location offers unparalleled visibility and accessibility, making it ideal for a variety of commercial ventures. Its proximity to the Gilmer Inn Hotel provides added convenience and potential synergy for businesses seeking high traffic areas. The asking price for this unique opportunity is $75,000. Given the absence of existing structures, this lot presents a blank canvas for developers and entrepreneurs to build their dream warehouse or commercial facility. The property is classified as both industrial and land, offering flexibility in development plans. The latitude and longitude coordinates are 32.6859981 and -94.9393778 respectively, allowing for easy location verification and mapping. This is a rare chance to acquire a highly visible and well-situated lot in a growing Texas community. Serious inquiries are encouraged to explore the potential of this exceptional property. The property is zoned for commercial and industrial use. This is a great opportunity for investors looking for a high-return investment in a prime location.

    Property Features for 0 Tbd Hwy 271

    General Information

    Property type
    Distribution properties
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Gilmer
    County
    Upshur
    State
    Texas
    Longitude
    -94.9393778
    Latitude
    32.6859981

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    FAQs

    What type of property is this?
    Distribution property - Prime Gilmer, TX Warehouse Lot
    Where is this distribution property located?
    The property is located at Tbd Hwy 271 Gilmer, TX.
    What is the asking price?
    The asking price for this property is $75,000.
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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
    Tbd Hwy 271 Gilmer, TX 75644
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