$33.76 Per Sq Foot $2,697 est/mo Sourced by Back At You

6420 & 6416 Summit Road,Granbury, TX 76048

Granbury TX, 76048

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Description

Investment OPPORTUNITY!! Tremendous land value in this highly visible corner acreage with road frontage on both sides. Fantastic location off Mambrino Hwy and Summit Rd, close to the back gate of Pecan Planation. 3 buildings making up 56 storage units and 3 offices. Offices are currently used as storage units as well. Existing units takes up about 1 acre of the total 2.57 acres. Additional storage units, RV storage, or even duplexes could be built on the approximately 1.5 acres that is not yet developed. There is also a billboard on property managed by Arrington that provides income. A little TLC and creativity would make this a great investment. Potential for future commercial development on this highly visible corner. Current gross rental income is approximately $33,000 annually per sellers with 90-95% occupancy. Avg per unit is $44. Plenty of room to increase rent. Unit sizes range from 8X12 to 12X30.

Details

MLS#20546843
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusPending
Year1985
Days On Site87
Listing Provided ByKeller Williams Brazos West | Austin Jordan

Features

SQ Feet14,068
Story(s)1
Units61
ZoningUnzoned
Acreage2.57

Market Activity 76048

All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.

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Listings Checked: 4 minutes ago
StateTX
CountyHood
CityGranbury
Zip Code76048
AreaHood
Community NameAdams
Listing VS Median (in Adams)
Price:
$475,000
low | high
Med:
$475,000
50% of Average
SqFt:
14,068
low | high
Med:
14,068
50% of Average
$ / SqFt:
$34
low | high
Med:
$34
50% of Average
On Site:
87
low | high
Med:
87.000000
100% of Average
Sourced by Back At You
Listing Updated: May 22, 2024 at 3:12:45 AM PDT