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$1,050,000
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Property Description
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
Full Property Details
Full Property Details for 3902 Hwy 82
General
- Price: $1,050,000
- Status: Active
- Type: Commercial Service
- Source: NTREIS
- MLS ID: 21228346
- Updated: 6/9/2026
- Added to Site: 101 day(s) ago
Business
- Business Type: Auto Repair-Specialty, Auto Service, Storage
Interior
- Flooring: Concrete
Parking
- Parking Features: Parking Lot, Parking Pad
Location
- County: Cooke
- Subdivision: Shannon AJ 0937
- Driving Directions: See GPS
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Window Unit(s), WallWindow Unit(s)
- Heating Type: Central, Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Metal Siding
- Roof: Metal
- Stories/Levels: 1
- Square Feet: 6,457
- Sq. Ft. Source: Assessor
- Year Built: 1956
Lot Features
- Lot Size (Acres): 5
- Lot Size (Sq. Ft.): 217,800
- Lot Size Source: Appraiser
- Frontage: Highway
- Potential Use: Automotive, Office, Warehouse
- Zoning: C-3 Commercial
Financial Considerations
- Tenant Pays: All Utilities
Disclosures and Reports
- Inclusions: Building Only, Business
- Property ID: 376
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 3902 Hwy 82
School District:Gainesville Independent School District
| Name | Grades | Distance |
|---|---|---|
W E Chalmers Elementary School 600 Fm 3092, Gainesville, TX 76240 | 2-4 | 1.7 mi |
Edison Elementary School 1 Edison Drive, Gainesville, TX 76240 | PK-1 | 1.9 mi |
Gainesville Junior High School 1201 Lindsay Street, Gainesville, TX 76240 | 7-8 | 3.2 mi |
Gainesville High School 2201 S I 35, Gainesville, TX 76240 | 9-12 | 4.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3902 Hwy 82
Date
Details
Price
Change
Source
4/03/2026
Listed
$1,050,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3902 Hwy 82
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,959
10%
$284,843
—
2024
$5,398
179%
$284,843
—
2022
$1,932
—
$284,843
221%
2022
$1,932
-8%
$88,750
—
2021
$2,105
-3%
$88,750
—
2020
$2,174
-10%
$88,750
—
2018
$2,425
3%
$88,750
—
2019
$2,357
-3%
$88,750
—
2017
$2,422
—
$88,750
—
2016
$2,413
100%
$88,750
100%
2015
$1,204
2%
$44,375
—
2014
$1,181
-71%
$44,375
-72%
2012
$4,091
—
$158,456
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3902 Hwy 82
3902 Highway 82, Gainesville, TX 76240 (MLS# 21228346) is a Commercial Service property. 3902 Highway 82 is currently listed for $1,050,000 and was received on April 03, 2026. This property is listed by Pegasus Property Group from our Plano Office.Want to learn more about 3902 Highway 82? Do you have questions about finding other Commercial Service real estate for sale in Gainesville? You can browse all Gainesville real estate or contact a Coldwell Banker agent to request more information.


