2235 N I-35 HIGHWAY, GAINESVILLE, TX 76240

Homes for sale in Gainesville.

Homes for sale in 76240.


Active

List Price$9,692,971

2235 N I-35 Highway

Gainesville, TX 76240

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Listing #20830655

Commercial

Type

About This Property

Looking for Investors and Developers!! Reduced dramatically! This property could be divided into a 19+ acre and a 8+ acre piece. Acquiring approximately 27+ acres of commercial land along I-35 in Gainesville, TX presents a remarkable opportunity for development, particularly for restaurants and hotels. This prime location is strategically positioned to benefit from the high traffic visibility and accessibility provided by the major interstates, I-35 and Hwy 82, which serves as a vital corridor connecting various key cities in Texas. The areas proximity to local attractions and amenities enhances its appeal as a convenient stopover for travelers, thereby boosting potential footfall for businesses. Not to mention, close to the famous Winstar World Casino. Gainesville itself is a growing community with a steady influx of visitors and residents, making it a fertile ground for hospitality ventures. Investing in this land could cater to the increasing demand for accommodation and dining options, tapping into both local and short-term markets. With thoughtful planning and development, this site could become a thriving commercial hub that not only benefits investors but also contributes positively to the economic landscape of Gainesville. **Motivated Seller! Let's Talk!**

Property Features

Location Information

County

Cooke

Subdivision

none

Interior Features

Has Fireplace

No

Total Number of Units

0

Exterior Features

Construction

Other

Zoning

2014 COMM

Lot Description

Acreage

Building Total Area (Sq. Ft.)

0

Lot Size in Acres

27.815

Road Description

Dirt

Lot Size in Sq. Ft.

1,211,603

Is One Story

No

Possible Best Use

Other

Lot Description

Acreage

Additional Information

Year Built Details

Unknown

Status

Active

Property Type

COM

Tax Annual Amount

49694.0

Property SubType

Unimproved Land

Lot Acres Source

Assessor

Year Built

1800

Similar Listings

Mortgage Calculator

$45,266

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$34,928

Monthly Tax

$8,077

Monthly Insurance

$2,261

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

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