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409 Hwy 82 Hwy Gainesville, TX 76240

OFF-MARKET Commercial real estate Google Maps
1.63 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 1.63-acre property presents a rare investment opportunity in Gainesville, Texas. The entire city block, situated on a hard corner with a traffic light, offers unparalleled visibility and accessibility. The property boasts street frontage on all four sides, providing maximum exposure for any commercial venture. This unique offering has never before been available as a complete block, presenting a blank canvas for a wide range of development possibilities. Potential uses are numerous and diverse, including but not limited to fast-food restaurants, full-service restaurants, hotels, motels, and convenience stores. The strategic location and significant acreage make this an ideal site for a large-scale commercial development or a portfolio addition for a savvy investor. The property's size and location offer significant potential for high returns. All information should be independently verified by the buyer or their designated representative. This is a truly exceptional opportunity to acquire a substantial commercial property in a growing Texas market. The high traffic count and prominent location ensure significant visibility and accessibility for any business. Don't miss this chance to own a piece of Gainesville's commercial future. The property is priced at $1,350,000.

Property profile

Verified
Property type Commercial real estate
Lot 1.63 ac (71,003 SF)

Cap rate & NOI

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

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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