3902 HIGHWAY 82, GAINESVILLE, TX 76240
Homes for sale in Gainesville.
Homes for sale in 76240.
List Price$1,050,000
3902 Highway 82
Gainesville, TX 76240
Listing #21228346
About This Property
Exceptional opportunity to acquire approximately 5 contiguous acres along the rapidly growing East Highway 82 corridor in Gainesville, Texas. Located within the Gainesville city limits and zoned C-3 Commercial, this highly visible tract offers substantial frontage, multiple access points, and outstanding redevelopment potential for a variety of commercial uses. The property currently includes a residential home, flex warehouse shop space with a month-to-month tenant, self-storage and boat storage facilities, office improvements, outdoor storage areas, and additional warehouse structures, creating immediate income potential while allowing flexibility for future redevelopment. Strategically positioned along US Highway 82 with traffic counts exceeding approximately 23,000 vehicles per day, the site benefits from strong visibility and easy accessibility to Interstate 35, Sherman, Denison, Denton, and the expanding North Texas market. The surrounding area continues to experience strong commercial and residential growth fueled by the northward expansion of the Dallas-Fort Worth Metroplex. This property offers exceptional flexibility for investors, developers, and owner-users seeking a prime commercial corridor location with multiple redevelopment paths. Conceptual development plans demonstrate the site's ability to support a retail center, RV resort, modern storage facility, contractor yard, truck terminal, flex industrial development, automotive uses, or service-oriented commercial projects. The site's large contiguous acreage, highway frontage, existing utility infrastructure, and commercial zoning make it increasingly rare within the Gainesville market. The property is ideally suited for redevelopment, long-term investment hold strategies, or owner-user operations requiring yard space, storage, and highway access. Conceptual development ideas shown are for vision and illustrative purposes only
Property Features
Location Information
County
Cooke
Subdivision
Shannon AJ 0937
Interior Features
Has Fireplace
No
Floors
Concrete
Heating
Central, Wall Furnace
Tenant Pays
All Utilities
Cooling
Central Air, Window Unit(s), WallWindow Unit(s)
Total Number of Units
3
Exterior Features
Construction
Metal Siding
Lot Size in Sq. Ft.
217,800
Foundation
Slab
Possible Best Use
Automotive, Office, Warehou
Roof
Metal
Zoning
C-3 Commercial
Utilities
Electricity Connected, Sewer Available, Water Available
Building Total Area (Sq. Ft.)
6,457
Parking Description
Parking Lot, Parking Pad
Road Description
Highway
Lot Size in Acres
5
Is One Story
No
Additional Information
Year Built Details
Preowned
Year Built
1956
Property Type
COM
Status
Active
Property SubType
Retail
Lot Acres Source
Appraiser
Similar Listings
Mortgage Calculator
$4,903
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$3,783
Monthly Tax
$875
Monthly Insurance
$245
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.
Schools
Walk Score
Listing courtesy of
Hayden Clark, Coldwell Banker Realty Frisco

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NTREIS - North Texas data last updated at June 10, 2026, 3:44 AM CT
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