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    Property profile & analytics

    3904 Us Highway 377 Granbury, TX 76049

    • Commercial real estate
    • 1.24 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-5915717
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 3904 Us Highway 377

    Lot size
    1.24 lot acres
    Property type
    Commercial real estate
    APN
    17697.002.0004.0

    Description

    This exceptional 1.236-acre commercial pad site presents a remarkable investment opportunity in the thriving city of Granbury, Texas. Strategically located at 3904 East US Hwy 377, this property boasts unparalleled visibility and accessibility, situated in the heart of a bustling retail area. The site is anchored by a prominent HEB grocery store, ensuring high traffic volume and strong consumer presence. With a permitted LC zoning designation, this land offers significant potential for a wide range of commercial developments. The property's location along heavily trafficked US Hwy 377 (with a daily traffic count of 37,574 vehicles) guarantees exceptional exposure to a large customer base. The parcel's APN is 17697.002.0004.0, and it's offered for sale by owner. This is an ideal opportunity for businesses seeking a high-visibility location in a rapidly growing market. The property's size and location make it perfect for a variety of commercial uses, offering significant return on investment. Don't miss this chance to secure a prime commercial property in one of Texas' most desirable locations. The Hood County location and 76049 zip code further enhance the property's desirability.

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Granbury
    County
    Hood
    State
    Texas
    Longitude
    -97.726897050351
    Latitude
    32.457019134092

    Comparable in this City

    • Contact for pricing
      10.00 Acres

      Granbury Commercial Land - 10 Acres

      Prime Granbury land, light commercial & multifamily zoning.
      0 Of 377 & Meander Rd, Granbury, TX 76049
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      18.00 Acres

      Granbury Multifamily Land Development

      18 Acres, Multifamily Zoning, High Traffic
      377 Meander Rd, Granbury, TX 76049
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    • $700,000

      Granbury Land with Industrial Building

      5.25 AC land with 3,232 SF industrial building.
      5800 E Us Highway 377, Granbury, TX 76049
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    • $384,900

      Granbury Commercial Land For Sale

      Commercial land available in Granbury, Texas.
      3603 Plaza East Ct, Granbury, TX 76049
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    • $215,000
      1.42 Acres

      Aviator's Dream Ready-to-Build Lot

      Premium 1.41 acre lot in gated fly-in community.
      8404 W Landings Rd, Granbury, TX 76049
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    • $135,000
      1.09 Acres

      Granbury Land Homesite Opportunity

      Homesite in gated community near historic Granbury square.
      724 Coastal Meadows Ct, Granbury, TX 76049
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10.00 Acres

      Granbury Commercial Land - 10 Acres

      Prime Granbury land, light commercial & multifamily zoning.
      0 Of 377 & Meander Rd, Granbury, TX 76049
      View Details
    • Contact for pricing
      18.00 Acres

      Granbury Multifamily Land Development

      18 Acres, Multifamily Zoning, High Traffic
      377 Meander Rd, Granbury, TX 76049
      View Details
    • $700,000

      Granbury Land with Industrial Building

      5.25 AC land with 3,232 SF industrial building.
      5800 E Us Highway 377, Granbury, TX 76049
      View Details
    • $384,900

      Granbury Commercial Land For Sale

      Commercial land available in Granbury, Texas.
      3603 Plaza East Ct, Granbury, TX 76049
      View Details
    • $215,000
      1.42 Acres

      Aviator's Dream Ready-to-Build Lot

      Premium 1.41 acre lot in gated fly-in community.
      8404 W Landings Rd, Granbury, TX 76049
      View Details
    • $135,000
      1.09 Acres

      Granbury Land Homesite Opportunity

      Homesite in gated community near historic Granbury square.
      724 Coastal Meadows Ct, Granbury, TX 76049
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land Available For Lease

      Land available for sale or ground lease in Granbury, TX.
      3700 Fall Creek Hwy, Granbury, TX 76049
      View Details
    • $2,500 /Mo
      216,537 SF

      Granbury Warehouse Space Available

      Warehouse space in Granbury, TX, with flexible lease terms.
      1208 Fall Creek Hwy, Granbury, TX 76049
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    • $800 /Mo
      216,537 SF

      Granbury Warehouse with Highway Access

      1500 SF shop space near Hwy 377 in Granbury.
      1208 Fall Creek Hwy, Granbury, TX 76049
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    • $1,816 /Mo
      268,286 SF

      Granbury Industrial Space with Cranes

      Industrial spaces with outside storage, cranes, and no zoning.
      311 Sunset Acres Ct, Granbury, TX 76049
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    • $1,400 /Mo
      59,764 SF

      Remodeled Office/Retail Space Available

      Versatile commercial space ideal for office, retail, or medical purposes.
      3000 E Us Hwy 377 Hwy, Granbury, TX 76049
      View Details
    • $12 SF/Yr
      52,403 SF

      Granbury Professional Office Building For Lease

      Well-maintained office building with flexible space, ample parking, and prime location.
      3641 Fall Creek Hwy, Granbury, TX 76049
      View Details
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    3904 Us Highway 377
    Granbury, TX 76049
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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.

    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
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