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    204 Clay St Nocona, TX 76255

    For Lease
    $1,995 /Mo ($6 SF/Yr)

    Business - Nocona, TX

    Type:Business
    Lot size:
    0.08 Acres
    Days on Market:
    118
    Last Refresh:
    Dec 6 at 12:06 am

    Property Features for 204 Clay St

    General Information

    Property type
    Other
    Property subtype
    Business
    Standard status
    Active
    APN
    R000003165
    Parking features
    On Street, Open
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1918
    Flooring type
    Concrete, Laminate, Wood
    Building materials
    Block, Brick, Concrete
    Roof type
    Tar/Gravel
    Architectural style
    Other

    DMM Real Estate Services (214) 221-2626

    Listing agent David Montgomery (972) 399-0339 License #0430539

    Listing date Aug 11, 2025

    MLS# 20848893 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

    Furnished Restaurant Space in Nocona

    This fully furnished restaurant is located on Clay Street in downtown Nocona, Texas. The space, featuring an Americana motif with copper ceilings and antiques, can accommodate up to 70 people. The property offers potential for various food concepts, including steakhouse, Mexican, or Asian cuisine, and is suitable for breakfast, lunch, dinner, and even all-night service. It is also ideal for banquets and wedding receptions. The restaurant includes two large refrigeration units, three bathrooms, and one private office. The space is more than 2,600 square feet and available seven days a week. A new bar is opening next door. The location is approximately an hour from the Oklahoma border, gaming, and other attractions, and about 35 minutes from Gainesville. The property is situated on a lot of approximately 0.079 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Nocona
    County
    Montague
    State
    Texas
    Longitude
    -97.726949
    Latitude
    33.788971

    FAQs

    What type of property is this?
    Restaurant - Fully furnished restaurant space in downtown Nocona, Texas.
    Where is this restaurant located?
    The property is located at 204 Clay St Nocona, TX.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: - Fully furnished restaurant with equipment included.; - Located in downtown Nocona.; - Seating capacity for up to 70 people.
    (972) 399-0339
    Request Owner's contact information
    204 Clay St Nocona, TX 76255
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    Nocona, TX 76255
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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
    204 Clay St Nocona, TX 76255
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