271 Tbd Hwy Gilmer, TX 75645
This exceptional 0.4-acre commercial land parcel presents a remarkable opportunity for businesses seeking a high-visibility location in Gilmer, Texas. Situated on Highway 271, this property boasts 160 feet of frontage and a depth of 220 feet, offering ample space for development. The lot's south-facing orientation maximizes natural light. Its strategic location within Gilmer provides easy access to local amenities and a strong customer base. The area has seen recent growth, with notable businesses such as Chicken Express and Subway opening within the past year, indicating a thriving and expanding commercial sector. This property is ideal for a variety of commercial uses, offering significant potential for return on investment. The address is TBD HWY 271, Gilmer, TX 75645, located in Upshur County. The asking price for this exceptional opportunity is $429,900. This is a rare chance to acquire a well-positioned commercial lot in a growing Texas town. Don't miss out on this chance to establish your business in a prime location.
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
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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.