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    Hawkins, TX Drive-Thru Business Opportunity Title is generated by Realmo AI

    122 N Green Street, Hawkins, TX 75765

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    Claim this Listing
    For Sale
    $105,000

    Business - Hawkins, TX

    Type:Business
    Lot size:
    0.17 Acres
    Added:
    Aug 31, 2025
    Days on Market:
    263
    Last Refresh:
    May 20 at 11:06 am

    Property Features for 122 N Green Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Parking features
    Driveway
    Standard status
    Active
    APN
    R35419
    Lot size
    0.17 Acres

    Utilities

    Heating system
    Wall Furnace
    Cooling system
    Multi Units, Wall Unit(s)

    Building Details

    Year built
    2023
    Flooring type
    Other
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    Randal Haluptzok

    Listing agent Randal Haluptzok License #0667526

    Listing office Cheryl Rivera Smith 11660 Creek Point Drive, Frisco, TX

    Listing date Aug 31, 2025

    MLS# 20977811 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.

    HighLights

    • Turn‑key drive‑thru burrito business and snow‑cone stand built in 2023.
    • High traffic location: approximately 7,000 cars daily on Highway 80 and FM 14.
    • Opportunity to capture travelers and commuters in an area with limited food options.
    • Seller financing available with 25% down.
    • Located near Lake Hawkins, a popular tourist destination with RV park and swim beach.
    • Potential for increased visibility with an oversized or tall sign visible from the highway.

    Overview

    Located one block off Highway 80 and FM 14 between Mineola and Big Sandy, this property is approximately 20 miles from downtown Tyler and 30 miles from downtown Longview. According to TxDOT, the annual average daily traffic along this stretch of Highway 80 and FM 14 is approximately 7,000 cars per day. The 0.17-acre lot includes a 12x30 burrito business building with a drive-thru and an 8x12 snow-cone building with two parking spots in front. The seller is open to selling everything as a turn-key operation but is also open to selling the snow-cone building for relocation. The owners have taken meticulous care in building out this drive-thru business and summer snow-cone stand. A new owner could place an oversized or tall sign on the property that can be seen from the highway. Hawkins has a Brookshire's, Dollar General, NAPA and an ACE Hardware in the city limits. A few miles west off Highway 80 is Lake Hawkins, where there is a county-owned RV park and swim beach. This location is suited to capture travelers and commuters looking for a bite to eat.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Hotel & Motel Discount Store Department Store Food Market Grocery & Convenience Store Garden Center Furniture & Home Goods Cafe & Coffee Shop Computer & Electronic Repair (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hawkins
    County
    Wood
    State
    Texas
    Longitude
    -95.2425
    Latitude
    32.6661

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    FAQs

    What type of property is this?
    Drive through restaurant - Turn-key drive-thru business opportunity near Highway 80 and FM 14.
    Where is this drive through restaurant located?
    The property is located at 122 N Green Street Hawkins, TX.
    What is the asking price?
    The asking price for this property is $105,000.
    What are key features of this property?
    This property features: Turn‑key drive‑thru burrito business and snow‑cone stand built in 2023.; High traffic location: approximately 7,000 cars daily on Highway 80 and FM 14.; Opportunity to capture travelers and commuters in an area with limited food options.
    (214) 669-0606
    We can help!
    Listing Contact
    Randal Haluptzok
    Real Estate License ID: 0667526
    Learn More
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    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.

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