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    1801 Fm 1844 Gilmer, TX 75645

    For Sale
    $189,000

    Prime Upshur County location, endless potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional $189,000 property, located at 1801 FM 1844 in Gilmer, Texas (zip code 75645), presents a unique investment opportunity. Situated in Upshur County, this adaptable space formerly served as a restaurant, offering a versatile layout suitable for a variety of commercial uses. The building's size is not specified, presenting a blank canvas for your vision. Whether you envision a new restaurant, retail establishment, office space, or warehouse facility, this property's potential is vast. Its prime location offers excellent visibility and accessibility, making it an ideal choice for entrepreneurs seeking a strong foothold in the Gilmer market. The property is classified as both industrial and land, offering flexibility in its future development. This is a chance to acquire a well-positioned commercial property with significant upside potential in a thriving Texas community. The property's address is precisely 1801 Farm to Market Rd 1844. Serious inquiries are encouraged to explore this exciting opportunity. The property is listed at $189,000.

    Property Features for 1801 Fm 1844

    General Information

    Property type
    Distribution properties

    HighLights

    • $189,000 asking price.
    • Industrial land and warehouse property in Gilmer, Texas.
    • Located at 1801 FM 1844, Gilmer, TX 75645.
    • Previously a restaurant; adaptable for various uses including retail, office, or warehouse.
    • Prime location offers excellent entrepreneurial opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Clothing Store Kitchen & Bath Storage Facility Discount Store Electrical Service Convenience Store Car Rental Bakery Home Appliance Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gilmer
    County
    Upshur
    State
    Texas
    Longitude
    -94.8728093
    Latitude
    32.6915067

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    FAQs

    What type of property is this?
    Distribution property - Prime Upshur County location, endless potential.
    Where is this distribution property located?
    The property is located at 1801 Fm 1844 Gilmer, TX.
    What is the asking price?
    The asking price for this property is $189,000.
    What are key features of this property?
    This property features: $189,000 asking price.; Industrial land and warehouse property in Gilmer, Texas.; Located at 1801 FM 1844, Gilmer, TX 75645.
    Request Owner's contact information
    1801 Fm 1844 Gilmer, TX 75645
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    Gilmer, TX 75645
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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
    1801 Fm 1844 Gilmer, TX 75645
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