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    Remodeled Multi-Use Commercial Plaza Title is generated by Realmo AI

    3000 E US Highway 377, Granbury, TX 76049

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    Claim this Listing
    For Lease
    $1,300 /Mo

    COMMERCIAL - Granbury, TX

    Type:Office
    Lot size:
    1.37 Acres
    Added:
    Apr 8, 2026
    Days on Market:
    60
    Last Refresh:
    Jun 6 at 11:06 am

    Property Features for 3000 E US Highway 377

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Parking features
    Assigned, Open, Garage
    Security features
    Security
    Standard status
    Active
    APN
    R000012193
    Lot size
    1.37 Acres

    Taxes and HOA fees

    Tax Description
    ACRES: 1.372 LOT: 1A SUBD: GRANBURY CORNERS A

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central
    Cooling system
    Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    1997
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Tile, Carpet
    Building materials
    Brick, Concrete, WoodSiding
    Roof type
    Metal

    We can help!

    Listing Contact
    Rania Hadeed

    Listing agent Rania Hadeed License #0669949

    Listing office Engel & Volkers Fort Worth Fort Worth, TX

    Listing date Apr 8, 2026

    MLS# 21022174

    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.

    HighLights

    • Commercial plaza with multi‑use space for office, retail, and medical use along Hwy 377
    • Fully occupied plaza with tenants in place
    • Year built 1997 with brick, concrete, and wood siding exterior and a metal roof
    • Central heating and central air with electric heating/cooling; electric HVAC includes a $75 monthly fee for HVAC repairs and replacements
    • Tenants use public water and public sewer; flooring includes tile and carpet
    • Parking includes assigned and open spaces plus a garage

    Overview

    This remodeled commercial plaza has been updated with new floors and fresh paint, creating a lighter, brighter environment for day-to-day operations. The space is presented as a versatile multi-use option suitable for office, retail, and medical users, with a well-maintained building designed for ongoing tenant use. The property’s HVAC structure includes a monthly fee of $75 that covers essential repairs and replacements, while tenants handle regular air filter changes to help keep systems operating efficiently.

    Located at 3000 E US Highway 377 in Granbury, the center is positioned for excellent visibility and access along the corridor. It’s described as being minutes from the Fall Creek Highway area and the Acton area, as well as Tolar, Bluff Dale, and Stephenville. The property also notes a convenient drive to Fort Worth, Weatherford, and Cleburn, supporting broad regional accessibility for customers and employees.

    As a fully occupied plaza, the setting is intended to provide steady foot traffic and a vibrant tenant mix. That combination can make the offering appealing to businesses that want multiple use options under one roof, along with a predictable HVAC repair-and-replacement program and an appearance that has been recently refreshed for client-facing work.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cash Stop Loan Service

    Suggested Use

    Real Estate Agency Dental Office Building Supply Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Pharmacy Auto Parts Store Department Store HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Granbury
    County
    Hood
    State
    Texas
    Longitude
    -97.738757
    Latitude
    32.451023

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    FAQs

    What type of property is this?
    Office building - A freshly updated plaza offering office, retail, or medical flexibility with strong visibility and tenant-friendly HVAC support.
    Where is this office building located?
    The property is located at 3000 E US Highway 377 Granbury, TX.
    What is the lease rate?
    The lease rate is $1,300 /Mo.
    What are key features of this property?
    This property features: Commercial plaza with multi‑use space for office, retail, and medical use along Hwy 377; Fully occupied plaza with tenants in place; Year built 1997 with brick, concrete, and wood siding exterior and a metal roof
    (817) 312-7100
    We can help!
    Listing Contact
    Rania Hadeed
    Real Estate License ID: 0669949
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    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.

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