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    1022 Boykin Dr Memphis, TX 79245

    For Sale
    $2,900,000

    Established eatery, high traffic location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    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 Features for 1022 Boykin Dr

    General Information

    Property type
    Other commercial real estate
    Property Profile Location Intelligence

    Current Use by Public Records

    Rock Inn Cafe American Restaurant U'F Attic Insulation ... Insulation Materials Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Hall
    State
    Texas
    Longitude
    -100.5451
    Latitude
    34.73589

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    FAQs

    What type of property is this?
    Commercial real estate - Established eatery, high traffic location.
    Where is this commercial real estate located?
    The property is located at 1022 Boykin Dr Memphis, TX.
    What is the asking price?
    The asking price for this property is $2,900,000.
    (940) 648-0382
    Request Owner's contact information
    1022 Boykin Dr Memphis, TX 79245
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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
    1022 Boykin Dr Memphis, TX 79245
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