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Property profile & analytics
OFF-MARKET
Industrial properties

3291 Grand Ave Gainesville, TX 76240

5,883 SF 27.25 ac lot Built 1982
Property ID
Property summary
AI-generated overview

This exceptional 27.25-acre industrial property presents a unique development opportunity in Gainesville, Texas. Strategically located on the highly visible intersection of FM 372 (Grand) and CR 137 (Weaver), the property boasts approximately 1,790 feet of combined road frontage, ensuring maximum visibility and convenient access for businesses. Its proximity to Interstate 35, just 1.5 miles away, provides unparalleled connectivity to major transportation arteries, facilitating efficient logistics and distribution. The property is zoned for industrial use, making it ideal for a wide range of industrial and logistical operations. This offering comprises four parcels totaling 27.25 acres. Parcel details include: PID 153566 (23.1 acres), PID 22760 (2.0 acres), PID 22911 (1.16 acres), and PID 67569 (1.0 acre). An additional 0.88-acre parcel with 200 feet of frontage on CR 137 (PID 4775, MLS # 20683918) is also available for purchase separately, offering further expansion potential. The 5,883 square foot building is not included in the sale. This prime location and substantial acreage make this an outstanding investment for businesses seeking a strategic foothold in a rapidly growing area. The property's high visibility and excellent access make it an ideal location for a variety of industrial uses.

Property profile
Verified
Property type Industrial properties
Year built 1982
Total area 5,883 SF
Lot 27.25 ac (1,187,010 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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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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