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Mixed-Use Property Near Heritage Park
New
For Sale
$800,000

300 E Elm Street, Glen Rose, TX 76043

Three-parcel commercial property with B-1 zoning, expansion capacity, and proximity to downtown events and Heritage Park.

Property Size4,532 SF
Lot Size1.31 Acres
Days on Market5

Property Features for 300 E Elm Street

General Information

Standard status Active
Size 4,532 SF
Lot size 1.31 Acres
Property subtype Office
Zoning B-1

Additional Details

Gross Income $48,000

Taxes and HOA fees

Annual Taxes $4,208

Building Details

Building Size 4,532 SF
Year Built 1940
Listing Agency: Local Realty Agency Fort Worth
Listed By: John Lenz · License #0724814
Source: Baerealty
Added: Sep 22 Changed: Sep 24 Last Checked: Sep 26 at 11:55AM

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 Local Realty Agency Fort Worth

Investment Insights

Based on property information with market context.

This mixed-use commercial property includes three parcels totaling approximately 1.31 acres of developable land. The principal building occupies nearly an acre and offers room for expansion, remodeling, or additional units, while a neighboring vacant parcel measures almost 0.40 acre. Level sites provide space for parking and future site planning. Constructed in 1940, the property is designated B-1 commercial zoning, supporting a range of retail, office, and commercial uses.

The site is positioned one block from the downtown Glen Rose square and directly across from the entrance to Heritage Park. State Hwy 144 serves as a regional connection between Granbury, Glen Rose, Walnut Springs, and Meridian, with links to highways leading to Waco. TXDOT reports more than 260,000 monthly vehicle trips on State Hwy 144, adding measurable exposure to the corridor.

Key Highlights

  • Approximately 1.31 acres across 3 parcels
  • B‑1 commercial zoning allows retail, office, and commercial uses
  • Main building sits on almost an acre with room for expansion or additional units

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Garden Center Plumbing Service Furniture & Home Goods Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

362
Businesses Nearby

Demographics for 76043, TX

7,060
Population
2,945
Households
2.4
Avg Household Size
43
Median Age
25%
College-Educated
90%
High-School Grad
110.3 sq mi
ZIP Area
64
Density / Sq Mi
$75,827
Median Household Income
$42,927
Median Earnings
$896
Median Rent
$247,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-parcel commercial property with B-1 zoning, expansion capacity, and proximity to downtown events and Heritage Park.
Where is this mixed-use property located?
The property is located at 300 E Elm Street Glen Rose, TX.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Approximately 1.31 acres across 3 parcels; B‑1 commercial zoning allows retail, office, and commercial uses; Main building sits on almost an acre with room for expansion or additional units
More about this property
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