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    1202 & Bnsf R.r Gainesville, TX 76240

    Sponsored
    For Sale
    Contact for pricing

    114 Acres, Rail & Road Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 114-acre commercial land parcel presents a unique investment opportunity in Gainesville, Texas. Strategically located at the intersection of FM 1202 and the BNSF Railway, this property boasts significant road and rail frontage, totaling approximately 2,298 feet and 2,770 feet respectively. The property's zoning allows for diverse development options, encompassing approximately 96 acres zoned for Industrial (I) use and approximately 17.5 acres zoned for Outdoor Commercial (C3) use. High traffic volume is assured, with I-35 (North/South) exhibiting approximately 51,140 vehicles per day. Infrastructure is well-positioned for development, featuring a 12-inch city water line running east/west along the south side of FM 1202. A new City-initiated Capital Improvement Plan (CIP) sewer line is currently in the design phase. Detailed city utility information is available upon request. Adding to its appeal, this property is situated within an Opportunity Zone, offering potential tax advantages for qualified investors. This prime location and flexible zoning make this an ideal site for a variety of commercial and industrial ventures. Don't miss this chance to acquire a substantial land holding with excellent access and infrastructure in a rapidly growing area.

    Property Features for 1202 & Bnsf R.r

    General Information

    Property type
    Land
    Lot Size
    4,965,840 SF

    HighLights

    • 96 acres of Industrial (I) zoning and 17.5 acres of Outdoor Commercial (C3) zoning.
    • I‑35 (N/S) boasts approximately 51,140 vehicles per day.
    • Property features approximately 2,298 feet of frontage on FM 1202.
    • BNSF rail frontage totals approximately 2,770 feet.
    • 12‑inch city water line located along the south side of FM 1202.
    • New sewer line is currently in the City's Capital Improvement Plan (CIP).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Gainesville
    County
    Cooke
    State
    Texas
    Longitude
    -97.1755864
    Latitude
    33.6863379

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    FAQs

    What type of property is this?
    Land - 114 Acres, Rail & Road Frontage
    Where is this land located?
    The property is located at 1202 & Bnsf R.r Gainesville, TX.
    What are key features of this property?
    This property features: 96 acres of Industrial (I) zoning and 17.5 acres of Outdoor Commercial (C3) zoning.; I-35 (N/S) boasts approximately 51,140 vehicles per day.; Property features approximately 2,298 feet of frontage on FM 1202.
    Request Owner's contact information
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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
    1202 & Bnsf R.r Gainesville, TX 76240
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