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    723 Nichols Ct Granbury, TX 76049

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    For Sale
    Contact for pricing

    14.5-acre retail center with national tenants and residential parcel.

    Lot size:
    14.50 Acres

    Property Features for 723 Nichols Ct

    General Information

    Lot size
    14.50 Acres

    Source: Collett Retail - Dallas Agent Robert Wright

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    14.5 Acres Retail Center Granbury

    This property features a 14.5-acre retail center. The center includes two or more anchor positions and is anchored by national tenants. Additionally, the property offers three pad sites ranging from 1.16 acres to 2.12 acres. A 52-acre residential parcel is also included, suitable for multi-family and single-family residences.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    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
    -97.7225037
    Latitude
    32.4518092

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    FAQs

    What type of property is this?
    Land - 14.5-acre retail center with national tenants and residential parcel.
    Where is this land located?
    The property is located at 723 Nichols Ct Granbury, TX.
    What are key features of this property?
    This property features: - 14.5-acre Retail Center anchored by National Tenants.; - 52-acre Residential parcel suitable for multi-family and single-family residences.; - Two or more anchor positions available.
    (214) 996-9990
    Request Owner's contact information
    723 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
    723 Nichols Ct Granbury, TX 76049
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