420 Garnett StGainesville, TX 76240

  • Commercial real estate
  • 14,250 SF
For Sale
$1,300,000 View listing

Property Details for 420 Garnett St

Lot size
2.92 AC
Property size (Sq ft)
14,250 SF
Property type
Commercial real estate
APN
6168
APU
6168

Description

This exceptional 2.91-acre commercial property located at 420 W Garnett Street, Gainesville, TX, presents a remarkable investment opportunity. The mostly clear land offers significant potential for various commercial ventures. The property features a small existing building, which could be repurposed or removed to suit the buyer's needs. Its strategic location benefits from convenient access via a new road adjoining the west side and the established Garnett Street to the north, ensuring high visibility and accessibility. The substantial lot size provides ample space for a wide range of development projects, from retail spaces and office buildings to industrial facilities or other commercial uses. The property's size and location make it an attractive proposition for investors seeking a prime location in a growing area. The 300 square foot building on the property is a minor feature compared to the overall acreage. The asking price for this exceptional commercial land is $1,300,000. All interested parties are encouraged to conduct their own due diligence to verify all information provided. A site visit is highly recommended to fully appreciate the potential of this outstanding property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,869,099
    Hospitality
    $3,544,074
    Educational
    $2,948,628
    Medical
    $3,050,036
    Retail
    $4,586,754

Location Insight

City
Gainesville
County
Cooke
State
Texas
Latitude
33.6196
Longitude
-97.1492
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
$20,849
$957,607
-
$957,607
-
$957,607
-
$957,607

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].