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    Nec - Hwy. 300 & Hwy 271 Gilmer, TX 75644

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    Contact for pricing

    Prime 1.49-acre commercial lot in Gilmer, TX

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1.49-acre commercial lot presents a remarkable opportunity for investors and developers seeking a strategic location in Gilmer, Texas. Situated at the Northeast corner of Highway 300 and Highway 271, this property boasts unparalleled visibility and accessibility, making it ideal for a wide range of commercial ventures. The lot is zoned for commercial use, providing flexibility for various development plans. Its location in Upshur County, Texas, offers a thriving community with a strong local economy and growing population. The property's 1.49 acres provide ample space for construction, ensuring the potential for significant return on investment. With its prime location at a major intersection, this land offers exceptional exposure to high traffic volume, guaranteeing maximum visibility for any business established here. The property's address is clearly defined as the Northeast corner of Highway 300 and Highway 271 in Gilmer, Texas, zip code 75644. This is a rare opportunity to acquire a strategically located commercial lot in a rapidly developing area. The coordinates are 32.7171508 latitude and -94.9420479 longitude. Don't miss this chance to secure a piece of Gilmer's vibrant commercial landscape.

    Property Features for 0 Nec - Hwy. 300 & Hwy 271

    General Information

    Property type
    Land
    Lot Size
    64,904 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Gilmer
    County
    Upshur
    State
    Texas
    Longitude
    -94.9420479
    Latitude
    32.7171508

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    FAQs

    What type of property is this?
    Land - Prime 1.49-acre commercial lot in Gilmer, TX
    Where is this land located?
    The property is located at Nec - Hwy. 300 & Hwy 271 Gilmer, TX.
    (214) 526-3626
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    Gilmer, TX 75644
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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
    Nec - Hwy. 300 & Hwy 271 Gilmer, TX 75644
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