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Property profile & analytics
OFF-MARKET
Medical Office Space

413 Broadway St Gainesville, TX 76240-4169

3,080 SF 0.37 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US82-5640094
Property summary
AI-generated overview

This exceptional 3,080 square foot commercial building presents a unique investment opportunity in the heart of Gainesville, Texas. Situated on a desirable 0.37-acre corner lot, this property offers convenient access to downtown amenities. Previously occupied by a dental practice, medical office, and most recently an accounting firm, the building is thoughtfully divided into two distinct suites, each boasting multiple rooms, a reception area, and a private bathroom. The layout is ideal for a variety of uses, allowing for owner-occupancy and simultaneous lease of the second suite, generating immediate rental income. Ample parking is provided by a dedicated parking lot located on the north side of the building, complemented by a convenient carport. An additional vacant lot, also situated to the north of the parking area, offers potential for future expansion or development. The asking price is $350,000. This property is being sold "as is," and potential buyers are responsible for verifying all information provided. This is a rare chance to acquire a well-located, versatile commercial building with significant income potential. Don't miss this opportunity to establish your business in a thriving downtown location.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Total area 3,080 SF
Lot 0.37 ac (16,213 SF)
APN 3793
UPID US82-5640094
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
88 L& & CATTLE LLC
88 L& & CATTLE LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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