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    1406 Us Highway 271 Gilmer, TX 75644

    For Sale
    $154,900

    Highway frontage, high traffic, ideal business location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 0-square-foot commercial land parcel, located at 1406 US Hwy 271 N in Gilmer, Texas, presents a remarkable investment opportunity. Priced at $154,900, this property boasts a highly desirable location, situated just two blocks from a major retail center and numerous shops. Its prime position directly on US Highway 271 ensures exceptional visibility and exposure to a substantial daily traffic volume. The property's zoning (not specified) allows for a wide range of commercial uses, making it suitable for various business ventures. The absence of existing structures provides a blank canvas for development, allowing for complete customization to meet specific business needs. This is a rare opportunity to establish a presence in a thriving Texas town with high traffic counts and excellent proximity to established businesses. The property's address is 1406 US Hwy 271 N, Gilmer, TX 75644, within Upshur County. Interested parties are encouraged to conduct their own due diligence regarding zoning and permitted uses. This is a turnkey opportunity for entrepreneurs seeking a high-visibility location in a growing market.

    Property Features for 1406 Us Highway 271

    General Information

    Property type
    Land

    HighLights

    • 0‑square‑foot commercial land parcel in Gilmer, TX, priced at $154,900.
    • High‑visibility location on US Highway 271, two blocks from a major retail center.
    • Excellent visibility and high daily traffic counts.
    • Zoned for a variety of commercial uses.
    • Offers a blank canvas for new construction.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Gilmer
    County
    Upshur
    State
    Texas
    Longitude
    -94.9391299
    Latitude
    32.7525741

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    FAQs

    What type of property is this?
    Land - Highway frontage, high traffic, ideal business location.
    Where is this land located?
    The property is located at 1406 Us Highway 271 Gilmer, TX.
    What is the asking price?
    The asking price for this property is $154,900.
    What are key features of this property?
    This property features: 0-square-foot commercial land parcel in Gilmer, TX, priced at $154,900.; High-visibility location on US Highway 271, two blocks from a major retail center.; Excellent visibility and high daily traffic counts.
    (903) 680-2400
    Request Owner's contact information
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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
    1406 Us Highway 271 Gilmer, TX 75644
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