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    500 W Moore St Granbury, TX 76048
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    Property profile & analytics

    500 W Moore St, Granbury, TX 76048

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    • Auto shops
    • 1,376 SF
    For Sale
    $364,000
    View Listing →
    Heavy Commercial Auto Workshop Property For Sale
    $364,000
    0.40 Acres

    Heavy Commercial Auto Workshop Property

    Two insulated, electric-equipped workshops on a fenced lot, positioned for automotive or flexible commercial uses.

    500 W Moore Street, Granbury, TX 76048
    View Listing
    Property ID
    US82-1981012
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Auto shops

    Property Details for 500 W Moore St

    Year built
    1983
    Property type
    Auto shops
    Property subtype
    Commercial real estate

    Description

    Zoned Heavy Commercial. Just minutes from the Square. Lots of traffic to the Dog Park and Baseball Park. 2 insulated workshops with electric and wide garage doors. Fenced with high chain link. Large lot. Some trees. AUTO MECHANIC shop is all set and ready to go or repurpose w Endless Possibilit ... ies for most type of businesses.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Granbury
    County
    Hood
    State
    Texas
    Longitude
    -97.7936642
    Latitude
    32.4486602

    Comparable in this City

    • Contact for pricing
      4,000 SF

      Granbury Commercial Property on Highway

      High-visibility commercial property with multiple potential uses near Granbury.
      2675 Us Highway 377 W, Granbury, TX 76048
      View Details
    • $1,999,500
      1.41 Acres

      Auto Dealership with High Visibility

      Corner commercial site outside city limits with road frontage, strong visibility, and utilities via well and septic.
      2675 Us Highway 377 W, Granbury, TX 76048
      View Details
    • Contact for pricing
      1,362 SF

      Granbury Commercial Property For Sale

      Commercial property with insulated workshops and high-traffic location.
      500 W Moore St, Granbury, TX 76048
      View Details
    • $364,000
      0.40 Acres

      Heavy Commercial Auto Workshop Property

      Two insulated, electric-equipped workshops on a fenced lot, positioned for automotive or flexible commercial uses.
      500 W Moore St, Granbury, TX 76048
      View Details
    • $1,500,000
      3.00 Acres

      Turn-Key Body Shop with Electric Gate

      Established body-mechanic operation with paint booth, lift and frame machine, plus office and on-site 2-bed home.
      725 Holmes Dr, Granbury, TX 76048
      View Details
    • $1,800,000
      0.52 Acres

      Vacant Retail Building with Restaurant Equipment

      Vacant, two-unit retail/restaurant space just off Highway 377 with convertible layout and equipment included for food-service use.
      1333 N Plaza Dr, Granbury, TX 76048
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,362 SF

      Granbury Commercial Property For Sale

      Commercial property with insulated workshops and high-traffic location.
      500 W Moore St, Granbury, TX 76048
      View Details
    • $364,000
      0.40 Acres

      Heavy Commercial Auto Workshop Property

      Two insulated, electric-equipped workshops on a fenced lot, positioned for automotive or flexible commercial uses.
      500 W Moore St, Granbury, TX 76048
      View Details
    • Contact for pricing
      4,000 SF

      Granbury Commercial Property on Highway

      High-visibility commercial property with multiple potential uses near Granbury.
      2675 Us Highway 377 W, Granbury, TX 76048
      View Details
    • $1,500,000
      3.00 Acres

      Turn-Key Body Shop with Electric Gate

      Established body-mechanic operation with paint booth, lift and frame machine, plus office and on-site 2-bed home.
      725 Holmes Dr, Granbury, TX 76048
      View Details
    • $1,999,500
      1.41 Acres

      Auto Dealership with High Visibility

      Corner commercial site outside city limits with road frontage, strong visibility, and utilities via well and septic.
      2675 Us Highway 377 W, Granbury, TX 76048
      View Details
    • Contact for pricing
      1,200 SF

      Turn-Key Granbury Commercial Space

      Versatile commercial building in Granbury, ready for immediate occupancy.
      605 Calinco Dr, Granbury, TX 76048
      View Details

    Similar Nearby for Lease

    • $610 /Mo
      329,314 SF

      Customizable Flex Shell Space

      Brand-new shell space with direct highway visibility, suited for retail, office, or light industrial buildouts.
      3501 Tin Top Hwy, Granbury, TX 76048
      View Details
    • Contact for pricing
      1,902 SF

      Retail Spaces in Granbury Center

      Retail spaces available in shopping center anchored by Brookshire's.
      1301-1417 S Morgan St, Granbury, TX 76048
      View Details
    • $1,650 /Mo
      34,238 SF

      Retail or Office Suite

      Versatile retail or office space for lease near Highway 377 and the Granbury Square, ready for your concept.
      340 S Morgan St, Granbury, TX 76048
      View Details
    • New
      $14 SF/Yr
      43,560 SF

      Endcap Retail Suite

      Endcap retail space with direct Paluxy Hwy frontage and convenient access near Highway 377.
      1200 Paluxy Medical Cir, Granbury, TX 76048
      View Details
    • $2,300 /Mo
      14,375 SF

      Furnished Commercial Main Building

      Flexible furnished space for retail, office, or service use on a high-visibility, well-traveled corridor with parking.
      902 W Pearl St, Granbury, TX 76048
      View Details
    • $15 SF/Yr
      22,608 SF

      High-Visibility Commercial Suite

      Versatile unit in Granbury’s established corridor, just off Highway 377, with ample parking and strong customer access.
      1333 N Plaza Dr, Granbury, TX 76048
      View Details
    View Listing
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    Granbury, TX 76048
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    500 W Moore St, Granbury, TX, 76048
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