Address
5586 E Highway 82, Gainesville, TX
Price
$ 1,060,000
Property Attributes
  • MLS#20649992
  • TypeCommercial
  • CountyCOOKE
  • CityGainesville
  • NeighborhoodWoolfolk Sub
  • Zip76240
  • StyleBusiness
  • Year Built2018
  • Taxes$ 10394
  • Price$ 1,060,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size5.87 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

This unique 5.87 acre property is income producing as well as room for expansion for upcoming growth and development. 5 minutes East from 1-35 and 82 intersection and is conveniently located on US HWY 82. Currently the commercial building on the property is sectioned out for potentially 3 businesses currently occupied by 1 is renting 2 spaces. There are 4 rental houses on the property as well as a company who has a sign on property and pays yearly. Contact agent today to schedule a viewing and explore this investment opportunity. All information herein is deemed reliable but is to be verified by Buyer and Buyers Agent.

Price History
6/21/2024 Listed $1,060,000

General Features

Heating Central,Electric
Cooling Central Air,Electric
Utilities Aerobic Septic,Septic
Ceiling Height 8 to10 Feet
Possession Closing/Funding
Roof Metal
Year Built 2018
Tenant Pays Electricity,Management
Business Type Other
Unexempt Taxes 10394
Building Use Office/Warehouse
Owner Pays Taxes,Trash Collection,Water
Will Subdivide No
Gross Annual Expenses 70300.00
Property SubType Business
Subdivision Name Woolfolk Sub
Zoning Description None
Occupant Type Tenant
County Cooke
Property Type Commercial Sale
Construction Materials Other
Year Built Details Preowned
Status Active
Directions From 35 go East on 82 for 5 miles its on your right.
City Gainesville
Buyer Agent Compensation 3
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20649992
Virtual Tour URL Branded www.hommati.com/3DTour-AerialVideo/unbranded/5586-Us-82-Gainesville-Tx-76240--HPI36882981
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Flooring Combination
Total Stories 1
Total Units 6
SQFT Gross 255697
Lock Box Type None

Exterior Features

Lot Size Source Public Records
Parking Features Additional Parking,Gravel
Lot Size 5 to < 10 Acres
Foundation Slab
Lot Size Area 5.8700
Lot Size Units Acres
Building Area Total 6908.00
Lot Size Square Feet 255697.2000
Lot Size Acres 5.8700

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 76240

Price
AVG $790K
$1.06M
Taxes
AVG $6,471
$10,394
Visits
AVG 91
2
Data Provided by Inside Real Estate®
Year Built
AVG 1965
2018

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