201 Lutterloh Ave Gatesville, TX 76528
This exceptional 1-acre commercial property in Gatesville, Texas, presents a remarkable investment opportunity. Located at 201 N Lutterloh Ave, 76528, this lot occupies an entire city block, just one block from Main Street and conveniently situated near HEB. The property's prime location on a heavily trafficked street ensures high visibility and accessibility for any business. The versatile zoning allows for mixed-use development, encompassing office, retail, and self-storage possibilities. The front portion of the lot is ideal for new construction, offering a blank canvas for a modern building design. The rear of the property includes existing warehouse and additional structures, providing immediate potential for adaptive reuse or expansion. This unique combination of prime location, ample space, and existing infrastructure makes this a truly exceptional opportunity for entrepreneurs and investors seeking to establish a thriving business in a growing Texas community. The asking price for this remarkable property is $315,000. This is a rare chance to acquire a substantial city block in a desirable location with significant development potential. The property's mixed-use zoning allows for a wide range of commercial ventures, catering to diverse business needs. Don't miss this chance to secure a prominent presence in Gatesville's vibrant business district.
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
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.