0 Cypress St Gilmer, TX 75644
This exceptional opportunity presents a 0.34-acre pad-ready commercial lot in Gilmer, Texas, priced at $85,000. Located on Cypress Street, this property boasts concrete paving and 10 designated parking spaces, with expansion potential. The lot is zoned for medical, retail, or general business use and is ideally suited for a 4,000 to 5,000 square foot building. Its prime location offers high visibility and accessibility, situated minutes from US 271 and downtown Gilmer. Utilities are readily available for immediate connection, making this a turn-key opportunity for immediate construction. The property's APN is 301321. This is a rare chance to establish a business in a thriving commercial district, offering convenience and high traffic exposure. Don't miss this chance to secure a prime location and build your future in Gilmer, Texas, zip code 75644. The lot is ready for immediate development, offering a significant advantage for businesses seeking a quick and efficient start. This property represents a strong investment in a growing area with high demand for commercial space.
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
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.