1231 W Main St, Gun Barrel City, TX 75156
For Sale
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.
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
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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.