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    FOR SALE
    Commercial real estate

    1231 W Main St, Gun Barrel City, TX 75156

    11,828 SF 1.46 ac lot Built 2007
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US82-7084078
    1231 W Main St, Gun Barrel City, TX 75156 For Sale
    $149,000 11,828 SF
    1231 W Main St, Gun Barrel City, TX 75156
    View Listing →
    Property summary
    AI-generated overview

    This exceptional 3.93-acre property, located at 1231 W. Main St. in Gun Barrel City, Texas, presents a unique investment opportunity. Zoned for commercial use, this land offers significant potential for various development projects. The property's strategic location boasts high visibility and accessibility, situated in a dense retail area. Its proximity to major retailers like Walmart and CVS ensures high traffic volume and strong consumer presence, creating an ideal environment for businesses seeking maximum exposure. The single building on the property is suitable for redevelopment or demolition to accommodate new construction. The lot size provides ample space for a variety of commercial ventures. The address is 1231 W. Main St., Gun Barrel City, TX 75156, within Henderson County. The asking price for this multi-tenancy land is $149,000. This is a rare opportunity to acquire a commercially zoned parcel in a thriving retail corridor. The property's location and zoning make it an attractive investment for developers and entrepreneurs alike. Don't miss this chance to capitalize on the growth potential of this prime location.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 2007
    Total area 11,828 SF
    Lot 1.46 ac (63,641 SF)
    APN 0483-0090-0A20-53
    UPID US82-7084078
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $530k
    CAP Approach CAP
    $600k
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $565k
    Owner & transaction history
    Shelby Pacific Management LLC · 3 yrs held
    Shelby Pacific Management LLC
    since 2023
    2 recorded transactions
    2023
    2009
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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