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    8555 Old Granbury Rd Cresson, TX 76035

    For Sale
    Contact for pricing

    19.7 Acres, High-Traffic Commercial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 19.7-acre commercial land parcel presents a remarkable investment opportunity in Cresson, Texas. Strategically located at the hard corner of the new Highway 377 Bypass, this property boasts over 3,000 feet of commercial frontage, ideal for a variety of uses. The zoning is designated as Commercial, allowing for development flexibility. Pad site opportunities are available, making it particularly attractive for fuel stations, quick-service restaurants (QSRs), and hotels. The site benefits significantly from its proximity to substantial residential growth. Adjacent to the new Brookside Residential Development (876 lots) and across from Cresson Crossroads (1,220 lots), this location ensures high visibility and a substantial potential customer base. With over 2,000 single-family lots currently under development in the immediate area, this property is poised for significant long-term appreciation. The address is 8555 Old Granbury Rd, Cresson, TX 76035, in Hood County. This is a rare opportunity to acquire a large, well-positioned commercial tract in a rapidly expanding Texas market. Contact for pricing and further information.

    Property Features for 8555 Old Granbury Rd

    General Information

    Property type
    Individual retail properties
    Lot Size
    858,132 SF

    HighLights

    • 19.7‑acre commercial land parcel in Cresson, TX.
    • Over 3,000 feet of commercial frontage on the new Highway 377 Bypass.
    • Commercial zoning allows for flexible development, including pad sites for fuel stations, QSRs, and hotels.
    • High visibility and strong customer base due to proximity to new residential developments (Brookside and Cresson Crossroads, totaling over 2,000 lots).
    • Located at 8555 Old Granbury Rd, Cresson, TX 76035 (Hood County).
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Building Supply Dental Office Wholesale Shop Auto Parts Store Hotel & Motel Skin Care Clinic Food Market Storage Facility Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cresson
    County
    Hood
    State
    Texas
    Longitude
    -97.629548036137
    Latitude
    32.520503328272

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    FAQs

    What type of property is this?
    Individual retail property - 19.7 Acres, High-Traffic Commercial Land
    Where is this individual retail property located?
    The property is located at 8555 Old Granbury Rd Cresson, TX.
    What are key features of this property?
    This property features: 19.7-acre commercial land parcel in Cresson, TX.; Over 3,000 feet of commercial frontage on the new Highway 377 Bypass.; Commercial zoning allows for flexible development, including pad sites for fuel stations, QSRs, and hotels.
    Request Owner's contact information
    8555 Old Granbury Rd Cresson, TX 76035
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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
    8555 Old Granbury Rd Cresson, TX 76035
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