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    Land

    1202 & Bnsf R.r., Gainesville, TX 76240

    114 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 114 ac (4,965,840 SF)
    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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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