1202 & Bnsf R.r., Gainesville, TX 76240
This exceptional 114-acre commercial land parcel presents a unique investment opportunity in Gainesville, Texas. Strategically located at the intersection of FM 1202 and the BNSF Railway, this property boasts significant road and rail frontage, totaling approximately 2,298 feet and 2,770 feet respectively. The property's zoning allows for diverse development options, encompassing approximately 96 acres zoned for Industrial (I) use and approximately 17.5 acres zoned for Outdoor Commercial (C3) use. High traffic volume is assured, with I-35 (North/South) exhibiting approximately 51,140 vehicles per day. Infrastructure is well-positioned for development, featuring a 12-inch city water line running east/west along the south side of FM 1202. A new City-initiated Capital Improvement Plan (CIP) sewer line is currently in the design phase. Detailed city utility information is available upon request. Adding to its appeal, this property is situated within an Opportunity Zone, offering potential tax advantages for qualified investors. This prime location and flexible zoning make this an ideal site for a variety of commercial and industrial ventures. Don't miss this chance to acquire a substantial land holding with excellent access and infrastructure in a rapidly growing area.
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
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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.