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    115 W Lake St Krum, TX 76249

    For Lease
    $4,445 /Mo ($7 SF/Yr)

    Retail - Krum, TX

    Type:Retail
    Lot size:
    0.17 Acres
    Days on Market:
    169
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 115 W Lake St

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    APN
    R157386
    Parking features
    Parking Lot
    Lot size
    0.17 Acres

    Utilities

    Heating system
    Other (Heating)

    Building Details

    Year built
    2021
    Flooring type
    Concrete
    Architectural style
    Other

    Park Place Real Estate (817) 688-3200

    Listing agent Kelly Horton (817) 688-3200 License #0418194

    Listing date Jun 20, 2025

    MLS# 20975461 Listing URL

    Copyright © 2025 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.

    Overview

    Restaurant Space in Historic Krum

    This property is a second-generation restaurant located in the heart of historic Krum, Texas. The space includes existing furniture, fixtures, and equipment (FFE), as well as both indoor and outdoor seating areas. A full bar area is also featured. The lot size is 0.172 acres. The property is suitable for restaurants, retail properties, and bars.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Smoke and Fire Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Extreme Cuisine Catering

    Location Insight

    • Map
    • Local Demand
    City
    Krum
    County
    Denton
    State
    Texas
    Longitude
    -97.236934
    Latitude
    33.261888

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    FAQs

    What type of property is this?
    Restaurant - Second-generation restaurant space with indoor and outdoor seating available for rent.
    Where is this restaurant located?
    The property is located at 115 W Lake St Krum, TX.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: - 2nd generation restaurant - ready for immediate operation.; - Includes Furniture, Fixtures, and Equipment (FFE).; - In and outdoor seating available.
    (817) 688-3200
    Request Owner's contact information
    115 W Lake St Krum, TX 76249
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    Krum, TX 76249
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    Realmo Value Estimation

    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.

    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.

    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
    115 W Lake St Krum, TX 76249
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