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    500 N Us 79 Henderson, TX 75652

    For Sale
    $490,000

    Land - Henderson, TX

    Lot size:
    0.56 Acres
    Days on Market:
    286
    Last Refresh:
    Dec 14 at 1:06 am

    Property Features for 500 N Us 79

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Parking features
    Off Street
    Lot size
    0.56 Acres

    Building Details

    Architectural style
    Other

    Drake Capital, LLC dba Drake Real Estate & Investments (903) 581-3737 [email protected]

    Listing agent Brent Bradberry (903) 581-3737 License #0715170

    Listing date Mar 4, 2025

    MLS# 24006123 Listing URL

    Copyright © 2025 Greater Tyler Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Henderson, TX Restaurant Pad Site

    This property is the site of a former Sonic Drive-In fast-food restaurant in Henderson, TX, situated along Hwy 79. Located along the main retail corridor in Henderson, the pad site is positioned among other regional and national retailers. It presents a pad site redevelopment opportunity with the option to utilize the existing building and infrastructure. All utilities are available at the site. The property, zoned for commercial use, is situated on a lot of 0.558 acres. It is ideal for quick-serve restaurants or coffee users.
    Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Map

    City
    Henderson
    County
    Rusk
    State
    Texas
    Longitude
    -94.792204
    Latitude
    32.143906

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    FAQs

    What type of property is this?
    Drive through restaurant - Former Sonic Drive-In on Hwy 79, redevelopment opportunity.
    Where is this drive through restaurant located?
    The property is located at 500 N Us 79 Henderson, TX.
    What is the asking price?
    The asking price for this property is $490,000.
    What are key features of this property?
    This property features: - High-traffic location on Hwy 79, the main retail corridor in Henderson.; - Redevelopment opportunity for a pad site.; - Option to utilize the existing Sonic Drive-In building and infrastructure.
    (903) 581-3737
    Request Owner's contact information
    500 N Us 79 Henderson, TX 75652
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    Henderson, TX 75652
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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
    500 N Us 79 Henderson, TX 75652
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