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    1231 Main St Gun Barrel City, TX 75156

    For Sale
    $149,000

    3.93 Acres, Commercial Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 3.93-acre property, located at 1231 W. Main St. in Gun Barrel City, Texas, presents a unique investment opportunity. Zoned for commercial use, this land offers significant potential for various development projects. The property's strategic location boasts high visibility and accessibility, situated in a dense retail area. Its proximity to major retailers like Walmart and CVS ensures high traffic volume and strong consumer presence, creating an ideal environment for businesses seeking maximum exposure. The single building on the property is suitable for redevelopment or demolition to accommodate new construction. The lot size provides ample space for a variety of commercial ventures. The address is 1231 W. Main St., Gun Barrel City, TX 75156, within Henderson County. The asking price for this multi-tenancy land is $149,000. This is a rare opportunity to acquire a commercially zoned parcel in a thriving retail corridor. The property's location and zoning make it an attractive investment for developers and entrepreneurs alike. Don't miss this chance to capitalize on the growth potential of this prime location.

    Property Features for 1231 Main St

    General Information

    Property type
    Land
    Lot Size
    171,191 SF

    Building Details

    Buildings
    1

    HighLights

    • 3.93‑acre commercially zoned lot in Gun Barrel City, TX.
    • High‑visibility location in a dense retail area.
    • Excellent access and proximity to Walmart and CVS.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Gun Barrel City
    County
    Henderson
    State
    Texas
    Longitude
    -96.1342101
    Latitude
    32.3304176

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    FAQs

    What type of property is this?
    Land - 3.93 Acres, Commercial Zoning, High Traffic
    Where is this land located?
    The property is located at 1231 Main St Gun Barrel City, TX.
    What is the asking price?
    The asking price for this property is $149,000.
    What are key features of this property?
    This property features: 3.93-acre commercially zoned lot in Gun Barrel City, TX.; High-visibility location in a dense retail area.; Excellent access and proximity to Walmart and CVS.
    (214) 256-7154
    Request Owner's contact information
    1231 Main St Gun Barrel City, TX 75156
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    Gun Barrel City, TX 75156
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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
    1231 Main St Gun Barrel City, TX 75156
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