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$383,450

NAL Estimated Property Value

717 N US Hwy 271, Gilmer, TX, 75644

Off MarketInfo
CommercialInfo
Beds Beds
Baths Bath
Baths9,000 Sq Ft
RetailRetail
Year BuiltBuilt in 2014

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringConcrete

Exterior

Lot Size24,398 sqft

Building Information

Year Built2014

Land Information

APN43966
Lot Number1,2
Land UseCommercial
Legal DescriptionLOT 1-2, MILLER J C SUBD. S255 (A200) 0.5601 ACRES & MID GILMER PLAZA
Census Tract950400
Assessed Land Value$176,170
Assessed Improvement Value$207,280
Assessment Year2025

About this property

Introducing an exceptional commercial property on Highway 271, ideal for savvy investors seeking a lucrative opportunity. Boasting 3,000 gross square feet of space and occupied by long-term tenants, this turn-key property guarantees immediate returns on investment. Situated on a spacious half-acre lot, this prime location offers high visibility and easy access, ensuring maximum foot traffic and exposure for businesses. Don't miss out on this rare chance to own a profitable commercial property in a thriving area. Ideal for those looking for a secure and rewarding investment opportunity.

Investor Tools

Property Icon
$383,450
Estimated Property Value
$0Estimated Mortgage Balance
$383,450Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,750 /month
Positive
Cash Flow Estimate:
$1,250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$782/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,466
$383,450
2025
$176,170
$207,280
$383,450
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,466
$383,450

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$383,450
100%
0%
$0/mo

City: Gilmer

717 N US Hwy 271 | Property Details | No Agent List