13285 N State Highway 16, Graford, TX 76449
- $3,995,000
- List Price
- $3,995,000
- MLS#
- 21267074
- Status
- ACTIVE
- Type
- Commercial
- Subtype
- CommercialSale
- Year Built
- 2008
- Construction Status
- Preowned
- Acres
- 6.59
- County
- Palo Pinto
- City
- Graford
- Subdivision
- The Cottages
Property Description
Exceptional commercial and investment opportunity just minutes from Possum Kingdom Lake. Situated on 6.586 acres with prime Highway 180 frontage, this unique property offers unmatched visibility, strong traffic counts, and endless potential for future development or continued income production. The property consists of two parcels and currently features 16 rental cabins being utilized as long-term rentals. Of the 16 cabins, 13 offer 2 bedrooms and 1 bath, 2 offer 3 bedrooms and 2 baths, and 1 offers 1 bedroom and 1 bath — creating a diverse rental mix with established income potential. In addition to the residential component, the property also includes an impressive 5,500 square foot commercial building formerly operated as an arcade and race track facility. With its strategic location, highway exposure, and ample acreage, the commercial possibilities are truly endless — ideal for entertainment, retail, restaurant, event venue, storage, redevelopment, or expanded hospitality use. Rarely does an opportunity with this level of versatility, acreage, income potential, and premier location near Possum Kingdom Lake come available. Whether you are an investor, developer, or entrepreneur, this property is positioned for exceptional future upside.
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Additional Information
- Unexempt Taxes
- $17,202
- Lot Size
- 287,060
- Acres
- 6.59
- Flooring
- Vinyl
- Foundation
- Slab
- Roof
- Composition, Metal
- Building Stories
- 2
- Parking Garage
- Additional Parking
- Possession
- CloseOfEscrow
- Proposed Use
- Other, Retail
- Inclusions
- Land & Improvements
- Community Features
- Community Mailbox
Mortgage Calculator
Listing courtesy of Michael Avidon from Century 21 Mike Bowman, Inc.. Contact: 817-354-7653