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    Electra, TX
    Drive-through

    Electra, TX Drive Through Restaurants for Sale

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    Vernon, TX Harrold, TX Grandfield, OK Iowa Park, TX Burkburnett, TX Wichita Falls, TX Holliday, TX Loveland, OK
    Drive-Through Restaurant Site
    Updated: Jun 15
    Drive-Through Restaurant Site

    1298 N BAILEY STREET, Electra, TX 76360

    $395,000
    1,417 sqft
    1,417 SF commercial property
    Former Sonic Drive‑In location
    Existing drive‑thru infrastructure
    On‑site parking lot
    Access on and off Hwy 287
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    This listing looks promising.

    Here's a quick look at some key insights for

    1298 N BAILEY STREET, Electra, TX 76360

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    • Est. Cap Rate

      6.3%
      Above avg (5.9%)

    • Est. NOI

      $25K
      Annual

    • Price @ 7% Cap

      $356K
      Suggested

    • Property Type

      Drive-Thru Restaurant, Fast Food
      Built 2001
    View Property Analytics
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Electra, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Retail Space with Three Historic Buildings
    Retail Space with Three Historic Buildings

    Saint Jo, TX 76265

    $430,000
    0.75 AC lot

    Three historic buildings on a retail space site with public water and public sewer services.

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    Historic Highway Frontage Retail Block
    Historic Highway Frontage Retail Block

    408 S Broad Street, Saint Jo, TX 76265

    Contact for pricing
    1,349 sqft

    Full-block property with three historic buildings and three-side highway frontage at a major intersection.

    View details
    Lawton Commercial Space For Sale
    Lawton Commercial Space For Sale

    6711 Nw Cache Rd, Lawton, OK 73505

    $415,000
    0.31 AC lot

    Versatile commercial building in a high-traffic Lawton location.

    View details
    Retail Property with Drive-Thru
    Retail Property with Drive-Thru

    22-28 NW 67th St, Lawton, OK 73505

    Contact for pricing
    5,467 sqft

    Multi-tenant retail space with drive-thru capability and excellent signage.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Light Industrial Development Land
    Light Industrial Development Land

    5103 JACKSBORO HIGHWAY, Wichita Falls, TX 76302

    $295,000

    Corner industrial land with utilities at the street, positioned for fuel, quick-service, and automotive uses.

    View details
    Prime Corner Land Development Opportunity
    Prime Corner Land Development Opportunity

    SW Lee Boulevard, Cache, OK 73162

    $360,000
    2.00 AC lot

    2-acre commercial land with high visibility in a growing area.

    View details
    Decatur Pad Site For Sale
    Decatur Pad Site For Sale

    104 S Hwy 287, Decatur, TX 76234

    $900,000
    1.69 AC lot

    1.69 AC pad site in Decatur's main retail corridor.

    View details
    Commercial Land Pad Site Zoned for QSR
    Commercial Land Pad Site Zoned for QSR

    104 S HWY 287, Decatur, TX 76234

    $900,000
    1.69 AC lot

    1.69-acre pad site zoned for QSR or drive-thru with flexibility for multiple retail, service, and vehicle-related uses.

    View details

    Off-Market Properties in Electra, TX

    Consider similar Off-Market properties in Electra, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1298 Bailey St
    DRIVE-THRU RESTAURANT, FAST FOOD

    1298 Bailey St, Electra, TX 76360-1500

    Value Estimation by Request
    1,417 sqft 0.78 AC lot
    View details

    Electra, TX Drive Through Restaurants Market Trends and Statistics

    Explore 2 drive through restaurants for sale in Electra, TX on our real estate platform. These investment opportunities span a total of 1,417 square feet of properties for sale, with an estimated market value of $395,000.

    Sale prices for drive-thru businesses in Electra, TX average $395,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Drive through restaurants 1

    Demographics Overview

    Population 2,692
    Population Growth (5Y) -23.8%
    Median Household Income $66,050
    College Educated 21.6%

    Taxes & Financing

    Tax Rate (average for all types) 2.12%
    Property Tax per SF $43.16 per SF
    Tax Rate vs County Average 0.38 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wichita County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Wichita County

    Retail

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