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Property profile & analytics
OFF-MARKET
Commercial real estate

108 Main St Graford, TX 76449

20,240 SF 0.08 ac lot Built 2011
Individually Owned 3-yr Hold Free & Clear
Property ID
US82-8657980
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2011
Total area 20,240 SF
Lot 0.08 ac (3,485 SF)
APN 199140000
UPID US82-8657980
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Paradise Pizza Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Brandon Lee Bitters · 3 yrs held
Brandon Lee Bitters
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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