212 Barnard StGlen Rose, TX 76043

Property Details for 212 Barnard St

Lot size

0.17 AC

Property size (Sq ft)

1,705 SF

Property type

Commercial real estate

APN

R000004733

APU

R000004733

Description

This 1,705 square foot commercial property, located at 212 NE Barnard St, Glen Rose, TX 76043, presents a unique investment opportunity. Currently operating as "The Green Pickle," this single-story, 1900-built building sits on a 7,492 square foot lot (APN 4733) and is zoned for commercial use. The property boasts a beer garden and stage, ideal for live entertainment, and is situated on a main thoroughfare in Glen Rose, ensuring high visibility and foot traffic. The asking price is $599,000. The property is available for occupancy on September 26, 2024. This versatile space offers the potential to continue as a restaurant or be transformed into another commercial venture. Its historic charm and prime location make it an exceptional opportunity for an owner-user seeking a thriving business in a desirable Texas town. The property's existing infrastructure and features provide a solid foundation for a variety of business concepts. Don't miss this chance to own a piece of Glen Rose history and establish your business in a vibrant community.

• CAP approach

  CAP return

  Valuation

  6%

  $390,213

  6.5%

  $360,197

  7%

  $334,468

• Comparable approach

  Method

  Valuation

  Relative Method

  $215,636

  Geo Method

  $510,460

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $696,543

  Retail / Commercial

  $359,651

  Mixed-Use / Specialty

  $360,312

  Hospitality / Lodging

  $266,881

  Office

  $360,197

  Institutional / Educational

  $375,275

  Residential Income

  $439,071

  Multifamily

  $515,821

  Automotive / Energy

  $321,664

  Parking / Income-Based Land

  $109,082

  Restaurant / Food Service

  $191,550

  Healthcare / Senior Housing

  $367,500

Location Insight

City

Glen Rose

County

Somervell

State

Texas

Latitude

32.2356

Longitude

-97.7546

CBSA code

24180

CBSA name

GRANBURY, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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