Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    12108 Highway 21 Ln East Midway, TX 75852

    For Sale
    $199,900

    Business - Midway, TX

    Type:Business
    Lot size:
    0.16 Acres
    Days on Market:
    113
    Last Refresh:
    Dec 10 at 5:06 am

    Property Features for 12108 Highway 21 Ln East

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    23928
    Lot size
    0.16 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2004
    Flooring type
    Concrete
    Building materials
    Frame
    Roof type
    Composition
    Architectural style
    Other

    Anchor Realty (254) 718-1618

    Listing agent Matthew Kelly (254) 718-1618 License #0793047

    Listing date Aug 20, 2025

    MLS# 21037359 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

    Game Room and Cafe Business

    This game room and cafe, located in Midway, Texas, features slot machines, a pinball machine, a pool table, and a jukebox. The establishment is known for its hamburgers and beer. The property is situated on a lot of 0.1578 acres.
    Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Restaurant Building Supply Spa & Massage Hair Salon Auto Repair Shop Nail Salon Food Market Storage Facility Grocery Store Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Midway
    County
    Madison
    State
    Texas
    Longitude
    -95.750739
    Latitude
    31.025301

    Nearby Similar for Sale

    • $295,000

      Midway Duplex Package For Sale

      Multi-family property featuring two duplexes with a total of four rentals.
      9337 Ash St Loop, Midway, TX 75852
      View Details
    • $1,625,000

      Remodeled Home on Fenced Acreage

      Remodeled home with barns, pens, stalls, and climate-controlled tack room.
      9500 Osr, Midway, TX 75852
      View Details
    • $1,900,000

      Madison County Ranch with Homes

      84-acre ranch featuring three homes and diverse landscape.
      8321 Fm 2346, Midway, TX 75852
      View Details
    • $5,225,000

      Madison County Ranch with Acreage

      550-acre ranch in Madison County, Texas, with diverse potential.
      9601 Fm 1428, Midway, TX 75852
      View Details
    • $325,000

      Madison County Acreage with Mobile Home

      9.75 acres with new mobile home and barn.
      10369 Osr, Midway, TX 75852
      View Details
    • $950,000
      7,000 SF

      Versatile Workshop on High-Traffic Corner

      7,000 SF workshop on 5.37 acres at OSR and Hwy 21.
      9360 Osr, Midway, TX 75852
      View Details

    FAQs

    What type of property is this?
    Conventional restaurant - Established game room and cafe with diverse entertainment options.
    Where is this conventional restaurant located?
    The property is located at 12108 Highway 21 Ln East Midway, TX.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: - Functioning game room and cafe with established business.; - Includes slot machines, pinball, pool table, and jukebox.; - Serves hamburgers and ice-cold beer.
    (254) 718-1618
    Request Owner's contact information
    12108 Highway 21 Ln East Midway, TX 75852
    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.
    12108 Highway 21 Ln East
    Midway, TX 75852
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    12108 Highway 21 Ln East Midway, TX 75852
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.