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    2503 N State Highway 16 Strawn, TX 76475

    For Sale
    $1,195,000

    Retail - Strawn, TX

    Type:Retail
    Lot size:
    4.93 Acres
    Days on Market:
    479
    Last Refresh:
    Dec 7 at 6:06 am

    Property Features for 2503 N State Highway 16

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    APN
    26387
    Lot size
    4.93 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1986
    Flooring type
    Tile
    Building materials
    Metal Siding
    Roof type
    Metal
    Architectural style
    Other

    Northbridge Management & Consulting (940) 220-7489

    Listing agent Chase Traughber (940) 891-2947 License #0675426

    Listing date Aug 16, 2024

    MLS# 20705079 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

    PK General Store in Strawn

    The PK General Store in Strawn, TX, is available for purchase. The property is located at the intersection of TX-16 and Hells Gate Dr, a main thoroughfare leading to Possum Kingdom Lake and Sportsman's World and Bluff Creek Marina. The sale includes the business, which has revenue streams such as fuel, restaurant, convenience & grocery, beer & wine, and entertainment. Gross sales have averaged more than $1,400,000 over the last 3 years. Over $250,000 of FF&E is also included in the sale. The lot size is 4.927 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Map

    City
    Strawn
    County
    Palo Pinto
    State
    Texas
    Longitude
    -98.476007
    Latitude
    32.783335

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    FAQs

    What type of property is this?
    Grocery and convenience store - Retail opportunity with fuel, restaurant, and convenience revenue streams.
    Where is this grocery and convenience store located?
    The property is located at 2503 N State Highway 16 Strawn, TX.
    What is the asking price?
    The asking price for this property is $1,195,000.
    What are key features of this property?
    This property features: - Strategically located at the intersection of TX-16 and Hells Gate Dr, a main thoroughfare leading to Possum Kingdom Lake and popular destinations.; - Includes the business with multiple revenue streams: fuel, restaurant, convenience & grocery, beer & wine, and entertainment.; - Averaging over $1,400,000 in gross sales over the last 3 years.
    (940) 891-2947
    Request Owner's contact information
    2503 N State Highway 16 Strawn, TX 76475
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    Strawn, TX 76475
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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
    2503 N State Highway 16 Strawn, TX 76475
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