Property profile

103 E Pacific Ave Gladewater, TX 75647

FOR SALE
Commercial real estate
Property ID
US82-2377834
1,863 SF 0.07 ac lot Built 1955
Individually Owned Free & Clear
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103 E Pacific Ave, Gladewater, TX 75647 For Sale
$224,000 1,863 SF
103 E Pacific Ave, Gladewater, TX 75647
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Property summary

AI-generated overview

This charming 0.04-acre office building, located in the heart of Gladewater's antique district at 103 E Pacific, presents a unique investment opportunity. Priced at $224,000, the property offers excellent potential for a variety of uses, including an antique store, professional office space, or even conversion into a residential dwelling. Its central downtown location provides high visibility and easy access to local amenities and businesses. The building features covered parking in the rear, accommodating two vehicles, a significant advantage in this bustling area. While the exact square footage is currently unavailable, the compact size and versatile nature of the property make it an attractive option for entrepreneurs and investors seeking a well-situated commercial space in a thriving Texas town. The property's location within the antique district offers a unique blend of commercial and historical character, providing a distinct advantage for businesses seeking a memorable and easily accessible location. The potential for conversion to residential use adds further flexibility and investment potential. Serious inquiries are encouraged to explore this exciting opportunity.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1955
Total area 1,863 SF
Lot 0.07 ac (2,936 SF)
APN 0700000006-002-01-01
UPID US82-2377834

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Loan Service
  • Restaurant

Location

103 E Pacific Ave Gladewater, TX 75647
Gladewater metro Census 10201 LONGVIEW, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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