Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    202 Main St Gunter, TX 75058-2177

    • Commercial real estate
    • 4,570 SF
    • 0.50 lot acres
    OFF-MARKET
    Last Sale
    Nov 04, 2025
    Value Estimations
    $700,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-9930650
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Shanell Reed Photography / Photography Service / (Bike/Boat/Book/etc) Store
    • Little Tiger Academy, LLC. / Daycare Center
    • OROFACIAL MYOFUNCTIONAL / Medical Clinic
    • Divine Salon / Hair Salon

    Property Details for 202 Main St

    Year built
    2020
    Lot size
    0.50 lot acres
    Property size
    4,570 SF
    Property type
    Commercial real estate
    APN
    G002 5867001
    APU
    G0025867001

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $755,000
      6.5%
      $695,000
      7%
      $645,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $705,000
      Market price range: $225k - $869k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Gunter
    County
    Grayson
    State
    Texas
    Longitude
    -96.7442
    Latitude
    33.4474
    CBSA code
    43300
    CBSA name
    SHERMAN-DENISON, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $13,221
    $126,289
    $581,867
    $708,156
    -
    $126,289
    $581,867
    $708,156

    Comparable in this City

    • Value Estimation by Request
      43,537 SF

      615 Preston Rd

      Restaurants • 43,537 SF
      615 Preston Rd, Gunter, TX 75058
      View Details
    • Value Estimation by Request
      7.26 Acres

      115 Main St

      Land • 7.26 Acres
      115 Main St, Gunter, TX 75058
      View Details
    • Value Estimation by Request
      1,632 SF

      106 Mesquite St

      COMMERCIAL (GENERAL) • 1,632 SF
      106 Mesquite St, Gunter, TX 75058-2066
      View Details
    • Value Estimation by Request
      2,366 SF

      50 Whispering Winds Dr

      COMMERCIAL (GENERAL) • 2,366 SF
      50 Whispering Winds Dr, Gunter, TX 75058-2512
      View Details
    • Value Estimation by Request
      1,663 SF

      618 Preston Rd

      COMMERCIAL (GENERAL) • 1,663 SF
      618 Preston Rd, Gunter, TX 75058-4707
      View Details
    • Value Estimation
      $550,000
      5,420 SF

      520 Preston Rd

      COMMERCIAL (GENERAL) • 5,420 SF
      520 Preston Rd, Gunter, TX 75058-4713
      View Details

    Similar Nearby for Sale

    • $290,000
      1.47 Acres

      Gunter, TX Unimproved Land

      1.47-acre property ready for custom build in Gunter, TX.
      2 Jc Maples Rd, Gunter, TX 75058
      View Details
    • $785,000
      7.26 Acres

      Gunter, TX Land with House

      7.26 acres in Gunter, TX with existing structure.
      115 E Main St, Gunter, TX 75058
      View Details
    • $4,600,000
      67.44 Acres

      Prime 67-Acre Development Opportunity

      67 acres in Gunter, TX, ideal for residential development.
      121 Sec Rd, Gunter, TX 75058
      View Details
    • $198,000
      1.03 Acres

      Spacious Acreage in Gunter, TX

      1+ acre lots ready for your dream home!
      5 Bledsoe Rd, Gunter, TX 75058
      View Details
    • $198,000
      1.06 Acres

      Spacious Acre Lot Ready

      Over one acre lot ready for your dream home.
      7 Bledsoe Rd, Gunter, TX 75058
      View Details
    • $58,500
      0.13 Acres

      Vacant Land in Growing Community

      Unimproved lot in Gunter, TX, with development potential.
      521 W Oak St, Gunter, TX 75058
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      43,537 SF

      Gunter Retail Center: Prime Space

      New retail building, medical, restaurant space available.
      615 Preston Rd, Gunter, TX 75058
      View Details
    • $1,900 /Mo
      29,621 SF

      Gunter, TX Commercial Property

      Small commercial property with flexible space and excellent natural light.
      100 E Pecan St, Gunter, TX 75058
      View Details
    • Contact for pricing

      Retail, Medical, Restaurant Space Available

      New construction retail, medical, or restaurant space for lease.
      615 N 8Th St, Gunter, TX 75058
      View Details
    • $3,200 /Mo
      3,109 SF

      Gunter Ranch with Hill Top View

      Unique custom-built ranch home with radiant heat and entertaining space.
      20967 Fm 121, Gunter, TX 75058
      View Details
    • $700 /Mo

      Remodeled Office Space in Gunter

      Turnkey office space in a desirable Gunter location.
      100 E Main St St, Gunter, TX 75058
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    202 Main St
    Gunter, TX 75058-2177
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!