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Property profile & analytics
OFF-MARKET
Mixed-use properties

3291 Grand Ave Gainesville, TX 76240

1,225,343 SF 27.8 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents 28.57 acres of prime industrial land in Gainesville, Texas, ideally situated with immediate access to I-35. The property comprises five contiguous parcels, offering significant road frontage (approximately 1,256 ft) on two major thoroughfares, ensuring high visibility and accessibility. The land is zoned industrial and utilities are already in place, simplifying development. The assemblage includes three existing single-family residences, potentially suitable for office conversion (zoning compliance verification recommended). The main parcel (PID 152566) encompasses 23.09 acres, perfect for large-scale industrial projects. Three additional smaller parcels (PIDs 22760, 22911, and 67569), each approximately 1-2 acres, are also included and may contain additional structures. The total square footage of the buildings is 1,225,343, with an asking price of $2,500,000 ($2.04/sq ft). This represents a compelling opportunity for owner-users seeking a strategic location with excellent infrastructure and transportation links. An additional parcel (PID 4775) may also be available for purchase separately. The property is listed as a flex space, mixed-use industrial property with single tenancy. Cooke County location and APN 152566.

Property profile
Verified
Property type Mixed-use properties
Total area 1,225,343 SF
Lot 27.8 ac (1,210,968 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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