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1313 W Highway 377 2 Acre of Commercial Land Offered at $1,441,589 - $1,441,589 CAD Per Lot in Granbury, TX 76048

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INVESTMENT HIGHLIGHTS

  • HOTEL and Commercial Zoning
  • Easy access via TXDOT improvements (upcoming soon)
  • High Visibility from 377 and Paluxy Rd

EXECUTIVE SUMMARY

6.632 acre site divisible into smaller parcels. Available pads for sale at $12.00psf, pads available.
Located next to Lake Granbury Medical Center on Highway 377 with good visibility on highly trafficked road. Great location for Medical Offices, Professional Offices, or Hotel. Frontage: 740 feet on Hwy 377; 714 feet on Paluxy Road.
TXDot interchange forthcoming, creating even greater access and visibility.

PROPERTY FACTS

Price $1,441,589 - $4,324,766 CAD
Sale Type Investment
No. Lots 3
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Hotel
  • Medical
Total Lot Size 6.00 AC
Zoning HC Heavy Commercial - Hotel height 40' tall at the setback line. Can increase height gradually 1:1 for every foot off the setback line. Office, Retail, Restaurant.

3 LOTS AVAILABLE

Lot 1

Price $1,441,589 CAD
Price Per AC $720,794.28 CAD
Lot Size 2.00 AC

2 ac Zoned for Hotel - Restaurant - Office - Retail Lots as shown are conceptualized from perceived highest and best use. Common road will benefit all lots. Hotel height 40' at setback, with gradual 1:1 increase from setback, upto 60'

Lot 2

Price $1,441,589 CAD
Price Per AC $720,794.28 CAD
Lot Size 2.00 AC

2 ac Zoned for Hotel - Restaurant - Office - Retail Lots as shown are conceptualized from perceived highest and best use. Common road will benefit all lots. Hotel height 40' at setback, with gradual 1:1 increase from setback, upto 60'

Lot 3

Price $1,441,589 CAD
Price Per AC $720,794.28 CAD
Lot Size 2.00 AC

2 ac Zoned for Hotel - Restaurant - Office - Retail Lots as shown are conceptualized from perceived highest and best use. Common road will benefit all lots. Hotel height 40' at setback, with gradual 1:1 increase from setback, upto 60'

DESCRIPTION

6.6 acres conceptually divided into Three 2-ac lots. Lot 1 concept highest and best use, Restaurant. Lot 2 concept highest and best use, Hotel. Lot 3 concept highest and best use, Office/Retail. All lots will benefit from a common road. TXDOT reworking of Hwy 377 gives Paluxy Rd quick, easy access off the Highway. Superior visibility and access from both Hwy 377 and Paluxy Rd. See attached proposed use plan. Since the tract is not platted yet, we can still scale the size and use of the lots. Located next to Lake Granbury Medical Center on Highway 377 with good visibility on highly trafficked road. Great location for Medical Offices, Professional Offices, or Hotel. Frontage: 740 feet on Hwy 377; 714 feet on Paluxy Road.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R000043231
Land Assessment
$1,506,062 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,506,062 CAD
  • Listing ID: 16513463

  • Date on Market: 2010-11-23

  • Last Updated:

  • Address: 1313 W Highway 377, Granbury, TX 76048

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