1435 Lipan Hwy Granbury, TX 76048
- Warehouses
- 673,200 SF
- 77.17 lot acres
Current Use by Public Records
- Warehouses
Property Details for 1435 Lipan Hwy
- Year built
- 2023
- Lot size
- 77.17 lot acres
- Property size
- 673,200 SF
- Property type
- Warehouses
- Property subtype
- Life science properties
Description
This exceptional 77.166-acre industrial park in Granbury, Texas, presents a compelling investment opportunity. The property boasts 673,200 square feet of buildable area, currently encompassing ten buildings with diverse uses. The site is zoned for industrial and heavy commercial uses, offering flexibility for various development scenarios. Building sizes range from 5,400 square feet to 302,400 square feet, with ceiling heights reaching 45 feet. Utilities are fully serviced, including city water and sewer, three-phase electricity, natural gas, and high-speed internet access. The park's strategic location offers convenient access to Loop 567, providing easy connections to Weatherford, Interstate 20, and Fort Worth. Proximity to an airport with a one-mile airstrip and rail access further enhances its logistical advantages. The asking price is $9,300,000, translating to $13.81 per square foot. The property is offered as a 1031 exchange opportunity. Detailed building specifications include: Building 1 (Distribution, 302,400 sq ft, 45ft clear height)
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Granbury
- County
- Hood
- State
- Texas
- Longitude
- -97.8049
- Latitude
- 32.4588
