For Sale
$9,300,000

1435 Lipan HwyGranbury, TX 76048

77-acre industrial park, 673,200 SF, $9.3M

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 77.166-acre industrial park in Granbury, Texas, presents a compelling investment opportunity. The property boasts 673,200 square feet of buildable area, currently encompassing ten buildings with diverse uses. The site is zoned for industrial and heavy commercial uses, offering flexibility for various development scenarios. Building sizes range from 5,400 square feet to 302,400 square feet, with ceiling heights reaching 45 feet. Utilities are fully serviced, including city water and sewer, three-phase electricity, natural gas, and high-speed internet access. The park's strategic location offers convenient access to Loop 567, providing easy connections to Weatherford, Interstate 20, and Fort Worth. Proximity to an airport with a one-mile airstrip and rail access further enhances its logistical advantages. The asking price is $9,300,000, translating to $13.81 per square foot. The property is offered as a 1031 exchange opportunity. Detailed building specifications include: Building 1 (Distribution, 302,400 sq ft, 45ft clear height)

Highlights

  • Zoning: RE (Residential Estate), HC (Heavy Commercial), and I (Industrial) districts.
  • Utilities: City water (12” PVC, 47 psi, 2300 gpm), city sewer (12” PVC), city storm sewer with open channel and central detention, Tri County Electric (3-phase, 15 kva), Atmos gas (6” steel, 60 psi), and Charter Spectrum high-speed internet.
  • Building 1: 302,400 SF distribution building, 24 acres, 45' clear height, 60' building height.
  • Building 2 & 3: Two 115,200 SF light industrial buildings, 11 acres each, 45' clear height, 60' building height.
  • Building 4-9: Six 5,400 SF or 8,400 SF flex buildings, 0.8 acres or 1.2 acres each, 32' clear height, 40' building height.
  • Building 10: Proposed 100-unit, 112,800 SF multifamily building, 6.9 acres, 40' building height, two stories, surface parking; rezoning required.

Property Details for 1435 Lipan Hwy

Property type
Warehouses, Life science properties
Square Feet
673,200 SF
Class
A
Year Built
2023
Buildings
10
Lot Size (sq. ft)
3,361,351 SF

Location Insight

City
Granbury
County
Hood
State
Texas
Latitude
32.458776482743
Longitude
-97.804888260432
1435 Lipan Hwy, Granbury, Texas

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1435 Lipan Hwy
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