Technical
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Property profile

2551 Loop 567 Granbury, TX 76048

OFF-MARKET
Land
6.34 ac lot
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Property summary

AI-generated overview

This exceptional 6.34-acre property, located in Granbury, Texas, presents a unique investment opportunity. Situated on both sides of the NE Loop 567 at Richmond Rd., this land offers stunning views of Lake Granbury (Brazos River). The property is zoned for multifamily, commercial, and office use, allowing for diverse development options. A potential development plan includes a 30,000 square foot office/commercial building and a 50-unit multifamily complex, or alternatively, a larger 150-unit multifamily development. The location is highly desirable, offering walkability to downtown Granbury and unparalleled access to the lake. The asking price for the entire 6.34 acres is $3,400,000, and the property can be subdivided into two parcels. This is a rare opportunity to acquire a large, mixed-use tract in a prime location with exceptional water views. The eastern portion encompasses 3.55 acres, while the western portion comprises 2.813 acres. This property's superior location and zoning make it an ideal investment for developers seeking a high-impact project in a thriving Texas town. The potential for significant returns makes this a truly exceptional opportunity.

Property profile

Verified
Property type Land
Lot 6.34 ac (276,170 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2551 Loop 567 Granbury, TX 76048
Granbury metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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