271 S & Lee St Gilmer, TX 75644
This exceptional commercial land opportunity in Gilmer, Texas, offers a total of approximately 5.6 acres available for sale. The property is strategically located on US Highway 271 South and Lee Street, a high-traffic retail corridor boasting nearly 25,000 vehicles daily – the highest traffic count in Upshur County. The site is divisible, with options for purchasing the entire parcel or individual pad sites. One option includes approximately 3.57 acres situated at the northwest quadrant of US Highway 271 and Border Street. This prime location benefits from its proximity to established businesses such as Jucy's Hamburgers, Subway, Dairy Queen, and Chicken Express, ensuring high visibility and potential for strong returns. The property's location just north of Bruce Junior High School adds to its appeal. This presents a rare chance to acquire commercial land in an underserved market with significant growth potential. The property is situated in Upshur County, Texas, with a zip code of 75644. Contact for pricing and further details.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.