Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    112 Lee Dr Gladewater, TX 75647

    For Sale
    $275,000

    Versatile Gladewater commercial space, 2988 sq ft.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional Gladewater, Texas commercial property at 112 N Lee, zip code 75647, presents a unique investment opportunity. Currently configured as a multi-use space, it boasts 2988 square feet of adaptable area, perfect for a variety of commercial ventures. The layout includes up to thirteen office suites, a nurses' station, and a waiting room, suggesting prior use as a medical facility or similar business. However, the flexible design allows for numerous other applications. The property also offers ample parking with 22 standard spaces and 2 handicap-accessible spaces. Located in Gregg County, this property is situated at 32.5363151 latitude and -94.933668 longitude. The asking price is $275,000. The property is classified as industrial and land, with a warehouse and commercial subtype. While the square footage is listed as zero in the initial data, the marketing description clearly indicates a total area of 2988 square feet. This presents a compelling opportunity for entrepreneurs and investors seeking a versatile commercial space in a thriving Texas community. The property's existing infrastructure and ample parking make it an attractive option for immediate occupancy and potential expansion.

    Property Features for 112 Lee Dr

    General Information

    Property type
    Distribution properties

    HighLights

    • $275,000 asking price.
    • Industrial land and warehouse property in Gladewater, Texas.
    • 2,988 square feet.
    • Features up to 13 office suites, a nurses' station, and a waiting room.
    • 24 parking spaces (22 regular, 2 handicap).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Andrews Wyn MD Doctor Cox Chiropractic Chiropractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Gladewater
    County
    Gregg
    State
    Texas
    Longitude
    -94.933668
    Latitude
    32.5363151

    Nearby Similar for Sale

    • $350,000
      1.29 Acres

      Commercial Property with Highway Access

      Commercial property ideal for office, warehouse, or automotive businesses.
      808 S Tyler St, Gladewater, TX 75647
      View Details
    • New
      $465,000
      0.37 Acres

      Modern Commercial Building with Pool

      2,375 SF commercial building with unique amenities in Gladewater.
      819 N Main St, Gladewater, TX 75647
      View Details
    • $599,900
      0.54 Acres

      Turnkey Restaurant on Highway 80

      Fully operational restaurant in high-traffic Gladewater location.
      1103 W Upshur Ave, Gladewater, TX 75647
      View Details
    • $139,995

      Income-Producing Duplex in Gladewater

      Gladewater duplex with tenant in place, vacant unit available.
      523 Melba Ave, Gladewater, TX 75647
      View Details
    • $449,995
      1.48 Acres

      Expansive Building in Gladewater, Texas

      29,000 sqft building suitable for various commercial uses.
      401 W Upshur Ave, Gladewater, TX 75647
      View Details
    • $449,995
      1.48 Acres

      Expansive Commercial Building in Gladewater

      29,000 sqft building suitable for diverse commercial uses.
      401 W Upshur Ave, Gladewater, TX 75647
      View Details

    FAQs

    What type of property is this?
    Distribution property - Versatile Gladewater commercial space, 2988 sq ft.
    Where is this distribution property located?
    The property is located at 112 Lee Dr Gladewater, TX.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: $275,000 asking price.; Industrial land and warehouse property in Gladewater, Texas.; 2,988 square feet.
    Request Owner's contact information
    112 Lee Dr Gladewater, TX 75647
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    112 Lee Dr
    Gladewater, TX 75647
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    112 Lee Dr Gladewater, TX 75647
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.