1208 Titus St SID Gilmer, TX 75644-3518
This exceptional commercial property, located at 1208 Titus in Gilmer, Texas, presents a unique investment opportunity. Priced at $224,500, this established restaurant building boasts 2,250 square feet of well-maintained space. Its prime location offers unparalleled visibility and accessibility, situated just seconds from the Gilmer City Courthouse and in close proximity to several successful franchises and other businesses. The high-traffic area ensures a steady stream of potential customers. Ample parking is available, adding to the convenience for patrons. The building is fully equipped and ready for immediate occupancy, eliminating the need for extensive renovations or upgrades. This property sits on a 0.36-acre lot, providing ample space for outdoor seating or expansion. Its position within the city's commercial district guarantees excellent exposure and significant potential for growth. This is a rare opportunity to acquire a thriving commercial property in a rapidly developing area. The property's existing infrastructure and strategic location make it an ideal investment for a variety of commercial ventures. Don't miss this chance to own a piece of Gilmer's vibrant commercial landscape.
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Bibi’s Eats and Sweets Restaurant
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
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.