Technical
Financial
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Property profile

Hwy 271 Gilmer, TX 75644

OFF-MARKET
Commercial real estate
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Property summary

AI-generated overview

This exceptional commercial property, priced at $75,000, is strategically located on Highway 271 in Gilmer, Texas. Its prime position offers unparalleled visibility and accessibility for any business seeking a high-traffic location. The lot itself is situated next to the Gilmer Inn Hotel, ensuring a steady stream of potential customers and creating a synergistic environment for various commercial ventures. The property's size is not specified, presenting a unique opportunity to tailor the development to specific business needs. The high-traffic nature of Highway 271 guarantees significant exposure to a large daily volume of vehicles, making this an ideal location for retail, hospitality, or service-based businesses. The proximity to the established Gilmer Inn Hotel further enhances the property's appeal, offering potential for complementary businesses or collaborative ventures. This is a rare opportunity to acquire a commercial property in a thriving location with significant growth potential. The asking price represents a compelling investment opportunity in a desirable area of Gilmer, Texas. Serious inquiries are encouraged to explore the possibilities this location offers. Further details regarding the property's exact dimensions and zoning regulations can be provided upon request.

Property profile

Verified
Property type Commercial real estate

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Hwy 271 Gilmer, TX 75644
Gilmer metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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