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Property profile & analytics
OFF-MARKET
Specialty properties

5586 Highway 82 Gainesville, TX 76240

Property ID
Property summary
AI-generated overview

This exceptional 5.87-acre commercial property in Gainesville, Texas, presents a compelling investment opportunity. Strategically located on US Highway 82, just five minutes east of the I-35 and Highway 82 intersection, this property enjoys high visibility and convenient access. Currently generating income from multiple sources, the property includes a commercial building divisible into three separate units, with one unit currently occupied and two available for lease. Four additional rental houses contribute to the property's consistent cash flow. A further income stream is derived from a company with a signage agreement on the property, paying an annual fee. The property's expansive 5.87-acre lot offers significant potential for future expansion and development, capitalizing on the area's anticipated growth. The existing infrastructure provides immediate income, while the ample land allows for future development to enhance profitability. This unique combination of immediate return and long-term growth potential makes this property an attractive investment. The property is located at 5586 E Highway 82, Gainesville, TX 76240. All information provided is believed to be accurate but should be independently verified.

Property profile
Verified
Property type Specialty properties
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
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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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