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Commercial Office Building Near Walmart
New
For Sale
$150,000

1716 Hwy 16 S, Graham, TX 76450

CommercialSale, Graham, TX

Property SizeContact for details
Lot Size0.22 Acres
Days on Market3

Property Features for 1716 Hwy 16 S

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Commercial
Parking features Off Street
Subdivision 00970
Lot features Backs To Greenbelt Park
Directions Located directly across from entrance to Best Western on Highway 16
Standard status Active
APN 4755
Lot size 0.22 Acres

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Well
Water front features Creek
Water front 1

Building Details

Year built 1945
Floors in Building 1
Number of units 1
Flooring type Laminate
Building materials Rock, Stone
Roof type Composition
Listing Agency: MI5 Real Estate LLC
Listed By: DAVID MILLER
Added: Sep 21 Last Checked: Sep 23 at 3:06AM
MLS# 21392097

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.

Investment Insights

Based on property information with market context.

This 1945 commercial office building occupies 0.219 acres along Highway 16 in Graham. The property was previously used as a residence and may continue in residential use, while its commercial zoning supports consideration for professional-service office configurations. Prior use also included a bait shop.

The building is approximately 0.5 mile from Walmart and fronts Highway 16, which carries nearly 17k VPD. Bunger Road runs behind the property, and neighboring acreage is also available for sale. Existing features include rock and stone construction, laminate flooring, central heating and cooling, off-street parking, a composition roof, a creek, a water well, and public sewer. Two southern utility sheds are in disrepair.

Key Highlights

  • 0.219‑acre commercially zoned property on Highway 16
  • Nearly 17k VPD along Highway 16
  • Approximately 0.5 mile from Walmart

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Spa & Massage Center HVAC Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

262
Businesses Nearby

Demographics for 76450, TX

13,026
Population
6,238
Households
2.1
Avg Household Size
42
Median Age
25%
College-Educated
89%
High-School Grad
487.4 sq mi
ZIP Area
27
Density / Sq Mi
$67,076
Median Household Income
$40,242
Median Earnings
$957
Median Rent
$187,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Commercially zoned building with central HVAC and off-street parking near Walmart.
Where is this office building located?
The property is located at 1716 Hwy 16 S Graham, TX.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 0.219‑acre commercially zoned property on Highway 16; Nearly 17k VPD along Highway 16; Approximately 0.5 mile from Walmart
More about this property
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