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    1301 Edge Dr Granbury, TX 76048

    For Sale
    $2,585,000

    Prime 7.91-acre commercial/industrial lot. Ready for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 7.91-acre property, located at 1301 Water's Edge Drive in Granbury, Texas (zip code 76048), presents a unique development opportunity. The land is zoned Light Commercial (LC) and boasts an excellent hard corner location. A completed Phase 1 environmental site assessment (ESA) is available for review. Utilities including sewer, water, and electricity are readily accessible. Further enhancing its development potential, a tree survey and soil report are also available. The property is currently enjoying an agricultural exemption. The lot is considered a balanced site, making it ideal for various commercial or industrial projects. The seller is open to dividing the property for the right buyer. The APN is R000045332. This is a remarkable opportunity to acquire a well-situated, fully prepared development site in the thriving Granbury market. The asking price for this exceptional property is $2,585,000.

    Property Features for 1301 Edge Dr

    General Information

    Property type
    Land
    Lot Size
    344,560 SF

    HighLights

    • High‑visibility hard corner location.
    • Light commercial zoning.
    • Existing tree survey available.
    • Existing soil report available.
    • Currently enjoys agricultural exemption.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Granbury
    County
    Hood
    State
    Texas
    Longitude
    -97.77254
    Latitude
    32.4307449

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    FAQs

    What type of property is this?
    Land - Prime 7.91-acre commercial/industrial lot. Ready for development.
    Where is this land located?
    The property is located at 1301 Edge Dr Granbury, TX.
    What is the asking price?
    The asking price for this property is $2,585,000.
    What are key features of this property?
    This property features: High-visibility hard corner location.; Light commercial zoning.; Existing tree survey available.
    Request Owner's contact information
    1301 Edge Dr Granbury, TX 76048
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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
    1301 Edge Dr Granbury, TX 76048
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