905 Highway 82Gainesville, TX 76240

Property Details for 905 Highway 82

Year built

2012

Lot size

2.59 AC

Property size (Sq ft)

11,096 SF

Property type

Retail space

APN

9923

APU

9923

Description

This exceptional Class A retail strip center, known as Great Lakes Center, presents a fantastic opportunity for discerning businesses. Located in Cooke County, this single-story, 12,000 square foot building was constructed in 2015 and sits on a generous 2.62-acre lot. The property is currently configured for multiple tenants, offering a minimum divisible space of 1,750 square feet. The maximum contiguous space available is also 1,750 square feet, ideal for a single tenant seeking a prominent location. The building boasts a modern design and high-quality construction, reflecting its Class A designation. Its convenient location within Cooke County ensures high visibility and accessibility for customers. With one building and a single story layout, this property offers efficient use of space and easy navigation. The property's APN is available upon request. This is an excellent investment opportunity for businesses seeking a well-maintained, strategically located retail space in a thriving area. Don't miss this chance to secure your place in this successful retail center. Contact us today to learn more about leasing options.

• CAP approach

  CAP return

  Valuation

  6%

  $3,873,176

  6.5%

  $3,575,240

  7%

  $3,319,866

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,166,728

  Geo Method

  $3,364,378

• Alternative Use

  Use

  Valuation

  Residential

  $3,015,848

  Hospitality

  $2,762,501

  Educational

  $2,298,368

  Medical

  $2,377,413

  Retail

  $3,575,240

Location Insight

City

Gainesville

County

Cooke

State

Texas

Latitude

33.6423

Longitude

-97.1368

CBSA code

23620

CBSA name

GAINESVILLE, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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