7697 State Highway 155 N - Flex FOR SALE


Gilmer, TX 75644
$372,500 USD
903-841-2247
7697 State Highway 155 N, Gilmer, TX for Sale
$372,500 USD
Flex - FOR SALE
1/6
null | Request Cap Rate

7697 State Highway 155 N
Gilmer, TX 75644


HIGHLIGHTS

  • ?11.6 Acres | Highway Frontage
  • Outside City Limits
  • Mixed-Use Development Opportunity
  • Utilities Already On Site
  • (3) Commercial Septic Systems Installed (2025)
  • Existing Improvements: ±1,200 SF Shop Building (2004) ±588 SF Cabin (2020) with kitchenette and bath setup

OVERVIEW

This 11.6-acre East Texas property presents a rare opportunity for investors and owner-operators seeking a flexible, mixed-use asset with strong development potential.? Located outside city limits with valuable highway frontage, the property offers excellent visibility, accessibility, and minimal restrictions—making it well-suited for a variety of commercial or residential applications.? Positioned less than 2 miles from Barnwell Mountain Recreation Area and approximately 8 miles from downtown Gilmer, the location benefits from steady recreational traffic and growing demand for short-term rentals, RV accommodations, and outdoor-focused developments.? The property is already equipped with key infrastructure, including utilities on site and three commercial-sized septic systems installed in 2025, significantly reducing upfront development costs and timelines.? Existing improvements include a ±1,200 square foot shop building (built in 2004) with LED lighting, washer and dryer connections, and a restroom, as well as a ±588 square foot cabin (built in 2020) configured as a 1-bedroom, 1-bath space with kitchenette—ideal for on-site living, office use, or immediate rental potential.? With usable acreage, a pond, and multiple build-out options, the property supports a wide range of strategies including RV park development, cabin rentals, live/work use, or long-term investment hold.? Opportunities with this level of flexibility, infrastructure, and location advantages are increasingly limited in the East Texas market.?

FOR SALE DETAILS

PRICE

$372,500 USD

PRICE/SF

$310 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

7697 HWY 155 N, Gilmer, TX

PROPERTY TYPE

Flex

ADD'L SUBTYPES

R&D, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

UTILITIES

Lighting, Water - County, Sewer - Septic Field, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

11.6

LAND SF

505,296

ZONING

County

APN/PARCEL ID

76540

ASK ABOUT THIS PROPERTY

Sarah BellTexas Real Estate ExecutivesMore Info
903-841-2247

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Sarah BellTexas Real Estate ExecutivesMore Info
903-841-2247

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.