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    Property profile & analytics

    1031 Grand Ave Gainesville, TX 76240-3572

    • Retail space
    • 2,352 SF
    • 0.31 lot acres
    OFF-MARKET
    Value Estimation
    $430,000
    Last Sale
    Mar 24, 2021
    Location Intelligence
    Property ID
    US82-6175408
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 1031 Grand Ave

    Year built
    1953
    Lot size
    0.31 lot acres
    Property size
    2,352 SF
    Property type
    Retail space
    APN
    14678
    APU
    14678

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Cooke
    State
    Texas
    Longitude
    -97.1337
    Latitude
    33.6358
    CBSA code
    23620
    CBSA name
    GAINESVILLE, TX MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $4,493
    $92,852
    $124,627
    $217,479
    -
    $92,852
    $124,627
    $217,479

    Comparable in this City

    • Value Estimation by Request
      989 SF

      302 Grand Ave

      RETAIL STORES (PERSONAL SERVICES) • 989 SF
      302 Grand Ave, Gainesville, TX 76240-4322
      View Details
    • Value Estimation by Request
      1,951 SF

      207 Taylor St

      RETAIL STORES (PERSONAL SERVICES) • 1,951 SF
      207 Taylor St, Gainesville, TX 76240-4247
      View Details
    • Value Estimation by Request
      3,500 SF

      300 Commerce St

      RETAIL STORES (PERSONAL SERVICES) • 3,500 SF
      300 Commerce St, Gainesville, TX 76240-3916
      View Details
    • Value Estimation by Request
      2,262 SF

      411 Commerce St

      RETAIL STORES (PERSONAL SERVICES) • 2,262 SF
      411 Commerce St, Gainesville, TX 76240-3917
      View Details
    • Value Estimation by Request
      1,750 SF

      323 Commerce St

      RETAIL STORES (PERSONAL SERVICES) • 1,750 SF
      323 Commerce St, Gainesville, TX 76240-3915
      View Details
    • Value Estimation by Request
      208,499 SF

      1800 Lawrence St

      RETAIL STORES (PERSONAL SERVICES) • 208,499 SF
      1800 Lawrence St, Gainesville, TX 76240-2200
      View Details

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    Similar Nearby for Lease

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      Gainesville Warehouse Space Available

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    • New
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      New Industrial Space Near Airport

      New industrial space with office near Gainesville Municipal Airport.
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      Gainesville Warehouse Storage Stalls Available

      Storage stalls available for lease in Gainesville, Texas.
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    1031 Grand Ave
    Gainesville, TX 76240-3572
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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