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    300 Nichols Ct Granbury, TX 76049

    For Sale
    $1,000,000

    Prime Granbury Location, High Traffic

    Property size:
    1,131 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 10.78-acre commercial property in Granbury, Texas, presents a remarkable investment opportunity. Situated at 300 Nichols Court, this highly visible location boasts a daily traffic count exceeding 40,000 vehicles (per TXDOT data), placing it directly across from a major HEB shopping plaza and adjacent to a Kroger shopping plaza, Starbucks, and an AT&T store on Highway 377. The property's zoning is currently Interim Holding, offering immense potential for various commercial developments. A preliminary assessment suggests suitability for a multi-family residential project or a mixed-use development anchored by a movie theater, complemented by supporting retail and restaurant tenants. The 1,131 square foot home situated at the rear of the property, along with a metal barn, carport, well, and access to city water and sewer, adds to the property's value. Additional features include a stock tank and a 435-foot deep well. The property is being sold for its land value, making it ideal for a large-scale commercial venture. Note that the land and home will not be subdivided. This is an unparalleled chance to capitalize on Granbury's explosive growth and secure a prominent position in this thriving market. The property's strategic location and substantial size make it a truly exceptional investment prospect.

    Property Features for 300 Nichols Ct

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,131 SF
    Lot Size
    469,577 SF

    Building Details

    Year Built
    1958
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Granbury
    County
    Hood
    State
    Texas
    Longitude
    -97.72512
    Latitude
    32.45613

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Granbury Location, High Traffic
    Where is this commercial real estate located?
    The property is located at 300 Nichols Ct Granbury, TX.
    What is the asking price?
    The asking price for this property is $1,000,000.
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    300 Nichols Ct Granbury, TX 76049
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    Granbury, TX 76049
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    Realmo Value Estimation

    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.

    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.

    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
    300 Nichols Ct Granbury, TX 76049
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