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    Of 377 & Meander Rd Granbury, TX 76049

    For Sale
    Contact for pricing

    Prime Granbury land, light commercial & multifamily zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 10-acre commercial property presents a unique investment opportunity in Granbury, Texas. Located at the northwest quadrant of Highway 377 and Meander Road, this land boasts a highly desirable location with excellent visibility and accessibility. The property is zoned for both Light Commercial and Multifamily uses, offering considerable flexibility for development. The Multifamily zoning allows for up to 18 units per acre, presenting significant potential for residential development. The site benefits from readily available water and sewer utilities, simplifying the development process. High traffic counts on Highway 377 (35,920 vehicles per day) and Acton Highway (12,845 vehicles per day) ensure substantial exposure for any commercial venture. This property is situated in Hood County, Texas, with a Granbury zip code of 76049. The coordinates are 32.461727 latitude and -97.7330018 longitude. This versatile land parcel is ideal for a variety of commercial and residential projects, making it an attractive investment in a thriving Texas community. The substantial acreage and strategic location provide a strong foundation for future growth and profitability. Serious inquiries are encouraged.

    Property Features for 0 Of 377 & Meander Rd

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • 28.6‑acre site.
    • Light commercial zoning in the front, multifamily zoning (up to 18 units per acre) in the rear.
    • Water and sewer available.
    • High traffic counts: 377: 35,920 vehicles per day (VPD), Acton Hwy: 12,845 VPD.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Granbury
    County
    Hood
    State
    Texas
    Longitude
    -97.7330018
    Latitude
    32.461727

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    FAQs

    What type of property is this?
    Land - Prime Granbury land, light commercial & multifamily zoning.
    Where is this land located?
    The property is located at Of 377 & Meander Rd Granbury, TX.
    What are key features of this property?
    This property features: 28.6-acre site.; Light commercial zoning in the front, multifamily zoning (up to 18 units per acre) in the rear.; Water and sewer available.
    Request Owner's contact information
    Of 377 & Meander Rd 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
    Of 377 & Meander Rd Granbury, TX 76049
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