2.6 Acres of Improved Commercial Land for Sale in Granbury, Texas

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.