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    Established Automotive Business on Large Lot Title is generated by Realmo AI

    200 Western Hills Trl, Granbury, TX 76049

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    For Sale
    $1,295,000

    Automotive repair business with property, equipment, and expansion potential.

    Property size:
    6,190 SF
    Lot size:
    2.64 Acres
    Price / SF:
    $209/SF
    Added:
    Apr 11, 2025
    Days on Market:
    401
    Last Refresh:
    Jan 20 at 9:47 am

    Property Features for 200 Western Hills Trl

    General Information

    Standard status
    Active
    Size
    6,190 SF
    Lot size
    2.64 Acres

    We can help!

    Listing Contact
    Morris Duree

    Listing agent Morris Duree License #0723813

    Listing office Granbury Realty, LLC

    Listing date Apr 11, 2025

    Source Exprealty

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

    All listing content including descriptions, pricing, images are the copyrighted material of Granbury Realty, LLC

    HighLights

    • Established automotive business since 1987, a turnkey operation with equipment and tools.
    • Prime, central location in Granbury and Hood County with high visibility and easy access.
    • Significant growth potential due to the booming local economy and recent 10% population increase.
    • Substantial 2.63‑acre lot with 6,190 sq ft of service and office space offering ample room for future expansion.
    • Includes a mobile home currently leased to the company manager, providing an additional income stream.
    • The land alone is projected to appreciate rapidly, potentially exceeding the asking price, making it a sound investment.

    Overview

    This commercial property features an established automotive repair business, Ron Cullers Automotive, which has been in operation since July 1987. The property includes 6,190 square feet of service bays and office space, situated on a 2.63-acre lot that offers room for future growth and expansion. The location is centrally positioned in Granbury and Hood County, providing visibility and ease of access. Included in the sale is a mobile home currently leased to the company manager, providing an additional income stream. The sale includes all equipment and tools, with the exception of the mechanics' personal tools. Granbury and Hood County have experienced an approximate 10% population growth over the past three years.
    Location Intelligence

    Current Use by Public Records

    Ron Cullers Automotive Auto Repair Shop

    Suggested Use

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

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

    Similar Places Nearby

    • Hood Tire Center Inc — 1437 N Plaza Dr, Granbury, TX 76048
    • Midas — 1441 N Plaza Dr, Granbury, TX 76048
    • HQ powertrain solutions — 401 Western Hills Trail, Granbury, TX 76049
    • Cross Tire and Automotive Granbury — 1803 East US Hwy 377, Granbury, TX 76049
    • Professional Tint Services (TRUTINT) — 320 Kings Plaza, Granbury, TX 76049

    Location Insight

    • Map
    • Local Demand
    City
    Granbury
    County
    Hood
    State
    Texas
    Longitude
    -97.758
    Latitude
    32.4402

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    FAQs

    What type of property is this?
    Auto shop - Automotive repair business with property, equipment, and expansion potential.
    Where is this auto shop located?
    The property is located at 200 Western Hills Trl Granbury, TX.
    What is the asking price?
    The asking price for this property is $1,295,000.
    What are key features of this property?
    This property features: Established automotive business since 1987, a turnkey operation with equipment and tools.; Prime, central location in Granbury and Hood County with high visibility and easy access.; Significant growth potential due to the booming local economy and recent 10% population increase.
    (817) 219-2220
    We can help!
    Listing Contact
    Morris Duree
    Real Estate License ID: 0723813
    Learn More
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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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    200 Western Hills Trl, Granbury, TX, 76049-6702
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