1108 Grand Ave Gainesville, TX 76240
This exceptional free-standing retail property, located at 1108 NE Grand Ave in Gainesville, Texas, presents a unique investment opportunity. The building, constructed in 1980, boasts a total of 2,376 square feet, situated on a sizable 0.7-acre lot. Classified as Class C, this single-tenant building is currently vacant, offering immediate occupancy for a wide range of retail uses. The property's zoning allows for various possibilities, including bank, fast-food, or restaurant operations. Its convenient location in Gainesville, Cooke County, Texas, 76240, provides excellent visibility and accessibility. The entire 2,376 square feet is available, making it ideal for a single user seeking a substantial space. The property's size and location make it an attractive option for businesses looking to establish a strong presence in the Gainesville market. This is a rare opportunity to acquire a well-positioned, sizable retail space in a growing Texas community. The property's ample lot size offers potential for future expansion or additional development. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.