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Property profile

2810 Main St Gun Barrel City, TX 75156

OFF-MARKET
Commercial real estate
Property ID
US82-6849281
View Sample
7,944 SF 1.94 ac lot Built 1990
Entity Owned 4-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

This exceptional 2.5-acre commercial land parcel in Gun Barrel City, Texas, presents a remarkable investment opportunity. Located at 2810 E Main St, 75156, this property boasts a highly desirable location directly off the main highway's off-ramp, providing unparalleled visibility and accessibility. Zoned B-2, it's ideally suited for a wide range of commercial ventures, including retail and hospitality businesses. The property features two convenient points of ingress and egress, ensuring smooth traffic flow. This prime location offers easy access to the thriving Gun Barrel City area and its stunning lakes, making it an attractive destination for businesses and customers alike. The asking price is $150,000, with owner financing available. The financing option includes a $50,000 down payment and a 3-year interest-only note at 12% interest, with a principal balance of $100,000. Don't miss this rare chance to acquire a highly visible commercial lot in a rapidly growing Texas town. This is a unique opportunity to capitalize on the area's potential and establish a successful business in a prime location. Act quickly, as opportunities like this are seldom available.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1990
Total area 7,944 SF
Lot 1.94 ac (84,506 SF)
APN 0489-0170-0A00-35
UPID US82-6849281

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$505k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$505k

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2010
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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