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1601 Aspen Rd Rd Gainesville, TX 76240

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

Property summary

AI-generated overview

This exceptional 3.75-acre commercial property presents a compelling investment opportunity in Gainesville, Texas. Strategically located just off East Highway 82, this C-2 zoned land boasts significant road frontage on two sides, providing excellent visibility and accessibility. The property's advantageous location extends from North Aspen Road to Newland Drive, offering versatile development potential. Its expansive size allows for a wide range of commercial uses, making it ideal for businesses seeking a prominent presence in a growing area. The zoning designation ensures flexibility in development plans, catering to various commercial ventures. Aerial photos and a survey of the property will be available shortly, providing a comprehensive understanding of the land's topography and potential building sites. This prime location offers easy access to major transportation routes, enhancing its appeal to businesses seeking convenient logistics and high visibility. The substantial acreage provides ample space for construction, expansion, or the development of multiple commercial units. Don't miss this chance to acquire a highly desirable commercial parcel in a thriving Texas community. This property is priced to sell at $298,000. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Commercial real estate
Lot 3.75 ac (163,350 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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