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    400 Loop 254 Ranger, TX 76470

    For Sale
    $65,000

    Restaurant Space, Ample Parking, Great Price

    Property size:
    1,822 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This 1,822 square foot commercial building, situated on a 0.41-acre lot at 400 E Loop 254 in Ranger, Texas, presents a fantastic investment opportunity. Previously utilized as a restaurant, this versatile space is adaptable to a wide range of businesses, including retail or office uses. The property boasts a large dining area, two bathrooms, and a substantial amount of restaurant equipment remaining on-site, including cooking appliances, dishware, tables, and chairs. This equipment has been stored in the building for several years since the previous business closed. A significant advantage is the presence of a large, heavy-duty carport and abundant parking, ensuring convenient access for customers and employees. The building received a brand-new roof in May 2024, representing a significant recent improvement. This property offers a compelling combination of space, existing infrastructure, and convenient location, making it an ideal choice for entrepreneurs seeking to establish a new venture or for existing businesses looking to relocate. The asking price of $65,000 makes this an exceptionally attractive proposition in the current market. The property's size and features make it suitable for a variety of commercial uses, offering significant potential for return on investment. Contact us for more information and scheduling a viewing.

    Property Features for 400 Loop 254

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,822 SF
    Lot Size
    17,860 SF

    Building Details

    Year Built
    1980
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Pharmacy Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ranger
    County
    Eastland
    State
    Texas
    Longitude
    -98.67661
    Latitude
    32.47187

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    FAQs

    What type of property is this?
    Commercial real estate - Restaurant Space, Ample Parking, Great Price
    Where is this commercial real estate located?
    The property is located at 400 Loop 254 Ranger, TX.
    What is the asking price?
    The asking price for this property is $65,000.
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    400 Loop 254 Ranger, TX 76470
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    Ranger, TX 76470
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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
    400 Loop 254 Ranger, TX 76470
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