122 Lee St Gladewater, TX 75647
This exceptional 2,988 square foot commercial property, located at 122 N. Lee in Gladewater, Texas, presents a unique investment opportunity. Built in 2008, the building sits on a 0.29-acre lot and is zoned for commercial use. The property boasts a versatile layout, currently configured with up to thirteen office suites, a nurses' station, and a waiting room, offering immense flexibility for a variety of businesses. The spacious interior provides ample room for customization and expansion to meet specific operational needs. Ample parking is available with 22 standard parking spaces and 2 designated handicap parking spaces. The asking price is $295,000, translating to a price per square foot of $98.73. This property's prime location in Gladewater, Texas, within Gregg County, zip code 75647, offers excellent visibility and accessibility. The property's adaptability and convenient location make it an ideal investment for entrepreneurs and businesses seeking a well-maintained and versatile commercial space. This is a rare opportunity to acquire a substantial commercial property in a thriving Texas community. The property is ready for immediate occupancy and presents a strong return on investment potential.
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
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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.