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Property profile & analytics
OFF-MARKET
Commercial real estate

1022 Boykin Dr Memphis, TX 79245

Property ID
Property summary
AI-generated overview

This exceptional restaurant property at 1022 Boykin Drive, Memphis, Texas, presents a unique investment opportunity. The well-established business boasts a beautiful, rustic ambiance, creating a welcoming and family-friendly atmosphere that has made it a local favorite. The property's prime location offers excellent highway frontage, ensuring high visibility and consistent customer traffic. The interior features a fully stocked kitchen, ready for immediate operation, complete with a convenient buffet setup and ample seating with a mix of tables and booths to accommodate various group sizes. The current owners are willing to provide a business portfolio to serious buyers upon request, offering a comprehensive overview of the financial performance and operational details. This turnkey operation is ideal for an experienced restaurateur looking to acquire an already successful business or for an investor seeking a profitable venture in a thriving community. The property's strong reputation and established customer base provide a solid foundation for continued growth and success. This is a rare opportunity to own a well-loved restaurant with significant potential for future expansion and profitability. The asking price is $2,900,000. Serious inquiries only.

Property profile
Verified
Property type Commercial real estate
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Rock Inn Cafe Restaurant
  • U'F Attic Insulation Services Hardware & Home Improvement Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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