501 Ames St, Gladewater, TX 75647
This exceptional 3.65-acre commercial property located at 501 Ames, Gladewater, TX, presents a unique redevelopment opportunity. Previously utilized as a convalescent home, the property offers significant potential for a variety of commercial ventures. The expansive lot size provides ample space for new construction or adaptive reuse, catering to a wide range of business needs. The property's location in Gladewater, TX, offers access to local amenities and a growing community. Given its history and size, this site is ideal for entrepreneurs and developers seeking a prime location to establish a new business or expand existing operations. The seller is actively seeking offers, making this an attractive investment opportunity for those with a vision for transforming this property into a thriving commercial asset. The absence of a listed square footage allows for flexible development plans, accommodating various building sizes and configurations. Serious inquiries are encouraged to explore the possibilities and submit proposals. The property is being sold as-is. Interested parties are responsible for conducting their own due diligence and verifying all information. This is a chance to acquire a substantial piece of commercial real estate in a desirable location with significant upside potential. Don't miss this chance to shape the future of this property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.