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    115 Main St Crandall, TX 75114

    For Sale
    $375,000

    Established Diner, Great Location, High Potential

    Property size:
    2,380 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional commercial property, located at 115 S Main Street in Crandall, Texas, presents a unique investment opportunity. The 2,380 square foot building, constructed in 2003, sits on a 0.13-acre lot and is currently occupied by Hot Rodz Diner, a well-established restaurant operating since February 2020. The sale includes the building itself, and the existing contents belong to the current tenant. The current tenant operates on a month-to-month lease but is open to negotiating a new lease with a prospective buyer. There is also a possibility of purchasing the established restaurant business itself, allowing for a seamless transition and the retention of existing staff who are interested in continuing their employment. This property offers immediate income potential with the existing tenant or the opportunity to develop your own concept in a prime Crandall location. The building's size and layout are well-suited for a variety of restaurant or commercial uses. The property is priced at $375,000. Interested parties should contact the listing agent for further details and scheduling. Direct contact with the business regarding the sale or property purchase is discouraged.

    Property Features for 115 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,380 SF
    Lot Size
    5,663 SF

    Building Details

    Year Built
    2003
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hot Rodz Diner ... Restaurant

    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
    Crandall
    County
    Kaufman
    State
    Texas
    Longitude
    -96.45549
    Latitude
    32.62765

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    FAQs

    What type of property is this?
    Commercial real estate - Established Diner, Great Location, High Potential
    Where is this commercial real estate located?
    The property is located at 115 Main St Crandall, TX.
    What is the asking price?
    The asking price for this property is $375,000.
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    115 Main St Crandall, TX 75114
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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
    115 Main St Crandall, TX 75114
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