108 Main St Graford, TX 76449
This exceptional redevelopment opportunity encompasses a 0.48-acre corner lot in Graford, Texas, featuring five buildings totaling 6,386 square feet. Currently housing a successful brick-oven pizza restaurant and three additional structures, formerly a popular steakhouse, this property presents significant potential. The buildings, constructed between 1920 and 1940, are situated at the intersection of W Lee Ave and N Main St, benefiting from high traffic volume due to proximity to Rocker B Ranch and Possum Kingdom Lake. One building previously served as a hair salon and office. The sale includes 101 W Lee Ave, and 108, 112, and 119 N Main St, offering flexibility for diverse business ventures. The property is zoned C, with a total asking price of $495,000, translating to $77.51 per square foot. This is an ideal investment for entrepreneurs seeking to expand existing businesses or create new ventures in a thriving Texas community. The property's history of successful restaurant operations provides a strong foundation for future success. The large lot size and multiple buildings offer ample space for expansion or diversification. This is a rare opportunity to acquire a substantial commercial property in a desirable location with significant upside potential.
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Paradise Pizza Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.