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Property profile & analytics
OFF-MARKET
Commercial real estate

4228 Us Highway 377 Granbury, TX 76049

5.57 ac lot
Property ID
US82-2827196
Property summary
AI-generated overview

This exceptional 5.573-acre commercial land parcel presents a prime development opportunity in Granbury, Texas. Boasting approximately 174 feet of frontage on heavily trafficked East US Highway 377, this property enjoys an enviable location directly across from a Kia dealership and in close proximity to major retailers including Kroger, H-E-B, Marshalls, Starbucks, and McDonald's. The property is zoned LC - Light Commercial and IH - Interim Holding, offering flexibility for a variety of retail, office, or restaurant uses. An existing 24' x 50' insulated workshop is equipped with HVAC, water, electricity, and a bathroom, providing immediate utility. A pre-existing residence on the site offers potential for business use or temporary headquarters during development. Five additional storage units and a carport for up to four vehicles are included. City water services the home and workshop; a well provides irrigation water. Electricity is supplied by United Co-op. The asking price is $600,000, translating to a land value of $2.68 per square foot. Note that water levels from the on-site pond may fluctuate. This is an exceptional opportunity to capitalize on a high-visibility location and strong retail environment.

Property profile
Verified
Property type Commercial real estate
Lot 5.57 ac (242,760 SF)
UPID US82-2827196
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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