Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    402 Interstate 35 Gainesville, TX 76240-3800

    • Turn key restaurants
    • 4,086 SF
    • 0.90 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 27, 2021
    Location Intelligence
    Property ID
    US82-5316444
    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

    • Turn key restaurants

    Property Details for 402 Interstate 35

    Year built
    2003
    Lot size
    0.90 lot acres
    Property size
    4,086 SF
    Property type
    Turn key restaurants
    APN
    13673
    APU
    13673

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Cooke
    State
    Texas
    Longitude
    -97.1525
    Latitude
    33.6278
    CBSA code
    23620
    CBSA name
    GAINESVILLE, TX MICROPOLITAN 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
    $21,099
    $392,460
    $576,703
    $969,163
    -
    $392,460
    $576,703
    $969,163

    Comparable in this City

    • Value Estimation
      $445,000
      1,922 SF

      738 Grand Ave

      RESTAURANT • 1,922 SF
      738 Grand Ave, Gainesville, TX 76240-3518
      View Details
    • Value Estimation
      $430,000
      4,485 SF

      1938 Interstate 35

      RESTAURANT • 4,485 SF
      1938 Interstate 35, Gainesville, TX 76240-2100
      View Details
    • Value Estimation
      $385,000
      2,500 SF

      216 Main St

      RESTAURANT • 2,500 SF
      216 Main St, Gainesville, TX 76240-4739
      View Details
    • Value Estimation
      $570,000
      5,389 SF

      1901 California St

      RESTAURANT • 5,389 SF
      1901 California St, Gainesville, TX 76240-4613
      View Details
    • Value Estimation
      $575,000
      8,502 SF

      2001 Hwy 82

      RESTAURANT • 8,502 SF
      2001 Hwy 82, Gainesville, TX 76240-2318
      View Details
    • Value Estimation
      $450,000
      2,874 SF

      2105 Interstate 35

      RESTAURANT • 2,874 SF
      2105 Interstate 35, Gainesville, TX 76240-2005
      View Details

    Similar Nearby for Sale

    • $1,175,000

      Iconic Commercial Property in Gainesville

      Prime location in downtown Gainesville, ideal for restaurant or retail.
      211 N Weaver St, Gainesville, TX 76240
      View Details
    • $679,000
      0.31 Acres

      Downtown Gainesville Retail/Office Opportunity

      Four units near courthouse with retail/office potential. Owner financing available.
      710 E California St, Gainesville, TX 76240
      View Details
    • $265,000
      0.08 Acres

      Historic Downtown Gainesville Brick Building

      1,750 sq ft brick building in historic downtown Gainesville.
      323 N Commerce St, Gainesville, TX 76240
      View Details
    • $1,732,500
      10,500 SF

      Net Leased Family Dollar Store

      New construction Family Dollar store with corporate guarantee.
      5325 Fm 902, Gainesville, TX 76240
      View Details
    • $2,249,000
      1.01 Acres

      Prime Commercial Acreage in Gainesville

      High-traffic commercial property with multiple income streams and development potential.
      700 Highway 82 W, Gainesville, TX 76240
      View Details
    • Contact for pricing
      114.00 Acres

      Gainesville, TX Industrial Land

      114 Acres, Rail & Road Frontage
      1202 & Bnsf R.r., Gainesville, TX 76240
      View Details

    Similar Nearby for Lease

    • $2,900 /Mo

      Gainesville Retail/Office Space Available

      Retail and office spaces available for lease in Gainesville, TX.
      314 Denison St, Gainesville, TX 76240
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space in Walmart Center

      Retail space available in Walmart-anchored shopping center.
      1501 N Grand Ave, Gainesville, TX 76240
      View Details
    • Contact for pricing
      12,000 SF

      Great Lakes Center Retail Space

      Prime Cooke County Retail Strip Center
      905 Highway 82, Gainesville, TX 76240
      View Details
    • $250 SF/Yr
      85,378 SF

      Gainesville Warehouse Space Available

      Warehouse or storage space near Downtown Gainesville, approximately 1,000 square feet.
      517 E Broadway St, Gainesville, TX 76240
      View Details
    • New
      $6,500 /Mo
      69,260 SF

      New Industrial Space Near Airport

      New industrial space with office near Gainesville Municipal Airport.
      1704 Westaire Dr, Gainesville, TX 76240
      View Details
    • New
      $849 /Mo
      85,378 SF

      Gainesville Warehouse Storage Stalls Available

      Storage stalls available for lease in Gainesville, Texas.
      517 E Broadway St, Gainesville, TX 76240
      View Details

    Property Visit Statistics

    • Visits by month
      8.4k
    • Visitors by month
      6.1k
    • Avg Time on site
      54 min
    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.
    402 Interstate 35
    Gainesville, TX 76240-3800
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.