Property summary
This exceptional 0.61-acre commercial lot presents a unique investment opportunity in Gainesville, Texas. Strategically located just off Highway 82, this property enjoys high visibility and convenient access to a thriving business district. The lot, identified as Lot 5 Justice Lane, is zoned for commercial use, making it ideal for a variety of development projects. Its proximity to numerous established businesses ensures a strong potential customer base and significant foot traffic. The property's location within the city limits of Gainesville provides access to essential city services, including readily available city water and sewer connections, simplifying the development process and reducing infrastructure costs. This eliminates the need for costly private well and septic system installations, saving both time and money. The relatively flat terrain of the lot further contributes to its development potential, minimizing site preparation expenses. This exceptional location and the availability of city utilities make this 0.61-acre lot an attractive proposition for entrepreneurs and investors seeking a prime location to establish their business or expand their existing operations. The asking price of $31,000 represents a compelling value for a commercial lot in this desirable area. Don't miss this chance to secure a piece of Gainesville's vibrant commercial landscape.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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