Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1200 Crawford Ave Granbury, TX 76048

    Sponsored
    For Lease
    $25 SF/Yr

    Office - Granbury, TX

    Type:Office
    Property size:
    1,349 SF
    Lot size:
    1.62 Acres
    Days on Market:
    2
    Last Refresh:
    Feb 5 at 4:06 pm

    Property Features for 1200 Crawford Ave

    General Information

    Property type
    Other
    Property subtype
    Office
    Standard status
    Active
    APN
    R000095295
    Parking features
    Open, Parking Lot, Paved or Surfaced
    Size
    1,349 SF
    Lot size
    1.62 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    2012
    Flooring type
    Tile, Tile - Ceramic, Vinyl
    Building materials
    Stone, Stone Veneer
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    John McMackin

    CLARK REAL ESTATE GROUP (817) 578-0609

    Listing agent John McMackin (817) 458-0402 License #0687523

    Listing date Feb 4, 2026

    MLS# 21169677 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Modern Medical Office Shell Space

    Available for lease is an unfinished shell space situated within a modern medical office building. The space encompasses just over 1,349 square feet, offering the opportunity for customization. The landlord is prepared to offer a tenant improvement allowance, subject to mutually agreeable lease terms and credit approval. The lease structure is a modified gross lease. The property is located in Granbury, Texas, within Hood County. The lot size is 1.616 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    HeartPlace Granbury Medical Clinic HeartPlace Granbury Vein ... Physician Dr. J. Douglas ... Physician Dallas Renal Group Physician Dr Robert Trey ... Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Granbury
    County
    Hood
    State
    Texas
    Longitude
    -97.771452
    Latitude
    32.437083

    Nearby Similar for Lease

    • $7,700 /Mo
      55,495 SF

      New Commercial Building in Granbury

      New construction commercial building suitable for office, retail, or medical use.
      901 Tucker Way, Granbury, TX 76048
      View Details
    • $3,000 /Mo
      2,000 SF

      New Commercial Building in Granbury

      New construction commercial building suitable for office, retail, or medical use.
      901 Tucker Way, Granbury, TX 76048
      View Details
    • $1,400 /Mo
      59,764 SF

      Versatile Commercial Space in Granbury

      Remodeled commercial space ideal for office, retail, or medical use.
      3000 E Us Hwy 377 Hwy 3014, Granbury, TX 76049
      View Details
    • $1,400 /Mo
      59,764 SF

      Remodeled Office/Retail Space Available

      Versatile commercial space ideal for office, retail, or medical purposes.
      3000 E Us Hwy 377 Hwy, Granbury, TX 76049
      View Details
    • New
      $25 SF/Yr
      70,393 SF

      Modern Medical Office Building

      Modern medical office space available for lease in Granbury, TX.
      1200 Crawford Ave, Granbury, TX 76048
      View Details
    • New
      $25 SF/Yr
      70,393 SF

      Modern Medical Office Suite

      Modern medical office suite available for lease in Granbury.
      1200 Crawford Ave, Granbury, TX 76048
      View Details
    • $2,500 /Mo
      216,537 SF

      Granbury Warehouse Space Available

      Warehouse space in Granbury, TX, with flexible lease terms.
      1208 Fall Creek Hwy, Granbury, TX 76049
      View Details
    • New
      $25 SF/Yr
      70,393 SF

      Modern Medical Office in Granbury

      Modern medical office space available for lease in Granbury.
      1200 Crawford Ave, Granbury, TX 76048
      View Details
    • $1,100 /Mo
      23,479 SF

      Professional Office Space in Acton

      Professional office space for rent in a high-traffic area.
      5409 Acton Hwy, Granbury, TX 76049
      View Details
    • New
      $1,000 /Mo
      900 SF

      Granbury Office Space For Rent

      Unique office space with flexible configuration options in Granbury, TX.
      4053 Acton Hwy, Granbury, TX 76049
      View Details
    • $1,600 /Mo
      71,569 SF

      Granbury Office, Retail, Medical Space

      Versatile commercial space ideal for office, retail, and medical purposes.
      620 Fall Creek Hwy, Granbury, TX 76049
      View Details
    • $995 /Mo
      74,357 SF

      Granbury Warehouse and Office Space

      Commercial office warehouse buildings for lease near US Hwy 377.
      113 Temple Hall Hwy, Granbury, TX 76049
      View Details

    FAQs

    What type of property is this?
    Medical office - Unfinished office space available in modern medical building.
    Where is this medical office located?
    The property is located at 1200 Crawford Ave Granbury, TX.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Only unfinished shell space available in the building.; - 1,349 sq ft of customizable space.; - Landlord offers TI allowance with acceptable lease terms.
    (817) 458-0402
    Request Owner's contact information
    1200 Crawford Ave Granbury, TX 76048
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1200 Crawford Ave
    Granbury, TX 76048
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1200 Crawford Ave Granbury, TX 76048
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    John McMackin
    Real Estate License ID: 0687523
    (817) 458-0402
    Learn more
    Google sign-in failed. Please try again or use another login method.