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    6062 FM 2920 Spring, TX 77379

    Sponsored
    For Sale
    $3,000,000

    5,760 SF restaurant, ideal owner-user opportunity.

    Property size:
    5,760 SF

    Description

    Added:
    Jan 15, 2025
    Days on Market:
    356
    This exceptional 5,760 square foot restaurant building presents a compelling investment opportunity in Spring, Texas. Strategically located on FM 2920, a high-traffic thoroughfare boasting over 33,000 vehicles per day, this property enjoys a prime outparcel position adjacent to a Kroger and directly across from a Walmart Supercenter and HEB, ensuring high visibility and substantial foot traffic. The 4.23-acre lot offers significant redevelopment potential, exceeding 41,000 square feet, allowing for future expansion or repurposing. The building itself is a former restaurant with a fully functional kitchen, making it suitable for a variety of uses. This presents a unique chance for an owner-user to expand their business while benefiting from real estate depreciation. The surrounding area boasts strong demographics, with over 223,000 people within a 5-mile radius and a median household income of approximately $134,000, indicating a robust consumer base. The asking price is $3,000,000. This property is situated within the Klein Crossing Shopping Center area. This is a rare opportunity to acquire a substantial commercial property in a thriving retail corridor.

    Property Features for 6062 FM 2920

    General Information

    Property type
    Restaurants
    Square Feet
    5,760 SF
    Price / Square Foot
    $520
    Class
    B
    Elevators
    N/A
    Lot Size
    184,259 SF

    Building Details

    Year Built
    2007
    Buildings
    1
    Stories
    1

    HighLights

    • Prime 5,760 SF restaurant space in Spring, TX, ideal for owner‑users.
    • Located on high‑traffic FM 2920, boasting over 33,000 vehicles daily.
    • Exceptional demographics: 223,000+ people within 5 miles, $134,000 median household income.
    Location Intelligence

    Current Use by Public Records

    Hospitality properties

    Suggested Use

    Realty agency Law Firm Restaurant 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
    Spring
    State
    Texas
    Longitude
    -95.517906
    Latitude
    30.074539

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    FAQs

    What type of property is this?
    Restaurant - 5,760 SF restaurant, ideal owner-user opportunity.
    Where is this restaurant located?
    The property is located at 6062 FM 2920 Spring, TX.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: Prime 5,760 SF restaurant space in Spring, TX, ideal for owner-users.; Located on high-traffic FM 2920, boasting over 33,000 vehicles daily.; Exceptional demographics: 223,000+ people within 5 miles, $134,000 median household income.
    (832) 640-7384
    Request Owner's contact information
    6062 FM 2920 Spring, TX 77379
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    Spring, TX 77379
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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
    6062 FM 2920 Spring, TX 77379
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