Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1111 State Highway 16 S Graham, TX 76450

    Sponsored
    For Sale
    $1,250,000

    Business - Graham, TX

    Type:Business
    Property size:
    5,000 SF
    Lot size:
    0.76 Acres
    Days on Market:
    48
    Last Refresh:
    Mar 4 at 2:06 pm

    Property Features for 1111 State Highway 16 S

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    12499
    Size
    5,000 SF
    Lot size
    0.76 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1983
    Flooring type
    Concrete
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    Albert Ramirez

    HARBCO Realty (940) 550-5019

    Listing agent Albert Ramirez (940) 550-5019 License #0627242

    Listing date Jan 16, 2026

    MLS# 21130438 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Established Restaurant on Main Highway

    This is an opportunity to own a well-established restaurant located directly off the main highway. The location provides high visibility and easy access, attracting traffic from local residents, lake visitors, and travelers. The property features a warm, inviting atmosphere with a spacious dining area, comfortable seating, and a full-service bar, suitable for family gatherings, date nights, and group events. The restaurant is a turn-key operation. Restaurant supplies, equipment, furniture, and all existing recipes convey with the sale, allowing a new owner to continue service with minimal startup time. The property is located in Graham, TX, and the lot size is 0.764 acres. The property size is 5000 square feet. This property offers an excellent opportunity for owner-operators or investors seeking a turn-key restaurant in a high-traffic location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Accounting Firm Big Box & Wholesale Store Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Graham
    County
    Young
    State
    Texas
    Longitude
    -98.589169
    Latitude
    33.095484

    Nearby Similar for Sale

    • $450,000
      5,500 SF

      Historic Office Building in Graham

      Prime commercial office building near downtown Graham and Young County Courthouse.
      408 4Th St, Graham, TX 76450
      View Details
    • $349,000
      0.46 Acres

      Executive Hangar at Graham Airport

      High-quality hangar with office and loft at Graham Municipal Airport.
      1810 4Th St, Graham, TX 76450
      View Details
    • $450,000
      0.34 Acres

      Commercial Office Complex in Graham, TX

      Commercial office complex with 14 offices in Graham, TX.
      620 4Th St, Graham, TX 76450
      View Details
    • $49,999
      0.03 Acres

      Metal Shop Building For Sale

      Commercial metal shop building in a great location.
      400 Echo St, Graham, TX 76450
      View Details
    • New
      $1,950,000
      4,794 SF

      Texas Farmhouse Ranch with Barn

      161-acre farmhouse ranch near Lake Graham with versatile barn.
      12824 Fm 1769, Graham, TX 76450
      View Details
    • $699,000
      79.73 Acres

      79-Acre Retreat with Cabin, Ponds

      79-acre property with cabin, ponds, and natural diversity near Graham.
      1685 Rocky Mound Rd, Graham, TX 76450
      View Details
    • $1,590,000
      2,300 SF

      Turnkey Recreational Ranch in Graham, TX

      219-acre ranch with furnished home, shop, and hunting amenities.
      9877 Fm 209, Graham, TX 76450
      View Details
    • $1,050,000
      4,547 SF

      Ready Ranch with Hilltop Views

      36-acre ranch near Graham, TX, move-in ready with equestrian facilities.
      505 State Highway 67, Graham, TX 76450
      View Details
    • $569,000
      1.30 Acres

      Graham, TX Business Opportunity

      Oil lube and service station on 1.3 acres.
      164 Us Highway 380 W, Graham, TX 76450
      View Details
    • $495,000
      1,822 SF

      20-Acre Country Retreat Ranchette

      Charming 20-acre property with a cozy home and functional structures.
      1368 Rosser Ranch Rd, Graham, TX 76450
      View Details
    • $349,000
      1,944 SF

      Graham, TX Office Building

      Commercial building in Graham's medical district with recent updates.
      1317 East St, Graham, TX 76450
      View Details
    • $744,000
      2,548 SF

      Equestrian Property with Modern Amenities

      Well-maintained home on 13.53 acres with equestrian facilities.
      1134 Us Highway 380 E, Graham, TX 76450
      View Details

    FAQs

    What type of property is this?
    Restaurant - Turn-key restaurant opportunity with high visibility and easy access.
    Where is this restaurant located?
    The property is located at 1111 State Highway 16 S Graham, TX.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Turn-key restaurant: All restaurant supplies, equipment, furniture, and recipes included for immediate operation.; - High-traffic location: Situated directly off the main highway with excellent visibility and easy access.; - Proven business location: Established restaurant with a history of attracting local residents, lake visitors, and travelers.
    (940) 550-5019
    Request Owner's contact information
    1111 State Highway 16 S Graham, TX 76450
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1111 State Highway 16 S
    Graham, TX 76450
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1111 State Highway 16 S Graham, TX 76450
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Albert Ramirez
    Real Estate License ID: 0627242
    (940) 550-5019
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!