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    5375 Fm 17 Alba, TX 75410

    For Sale
    $800,000

    Huge 9,112 sq ft facility on 2.4 acres

    Property size:
    9,112 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This expansive 9,112 square foot metal building presents a unique investment opportunity in Alba, Texas. Situated on a highly visible 2.4-acre lot at the intersection of FM 17 and 515, this property boasts a prime location on one of the area's busiest roads. For over two decades, this established facility has operated as a restaurant, successfully serving the Alba-Emory community. Its substantial size allows for diverse uses, including a full-scale entertainment center. Imagine the possibilities: a restaurant with live western music, dancing, and a full bar, capitalizing on the lack of comparable venues in the area. The existing restaurant infrastructure is comprehensive, featuring a fully equipped kitchen with fryers, prep tables, a walk-in cooler, two freezers, and ample storage. The dining area comfortably seats 400, complete with tables, chairs, a buffet bar, and an ice machine. A separate banquet room accommodates private events for 80+ guests. Ample parking is available, with paved spaces for over 70 cars, plus additional gravel parking. The property's potential extends beyond its current configuration, offering significant upside for expansion and increased profitability. The existing loyal customer base provides a solid foundation for future growth.

    Property Features for 5375 Fm 17

    General Information

    Property type
    Other commercial real estate
    Square Feet
    9,112 SF
    Lot Size
    104,980 SF

    Building Details

    Year Built
    1999
    Property Profile Location Intelligence

    Current Use by Public Records

    BILL SMITH'S BUFFET Seafood Restaurant

    Suggested Use

    Restaurant Realty agency Kitchen & Bath Department Store Storage Facility Hotel & Motel Italian Restaurant Travel Agency Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Alba
    County
    Wood
    State
    Texas
    Longitude
    -95.63924
    Latitude
    32.87935

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    FAQs

    What type of property is this?
    Commercial real estate - Huge 9,112 sq ft facility on 2.4 acres
    Where is this commercial real estate located?
    The property is located at 5375 Fm 17 Alba, TX.
    What is the asking price?
    The asking price for this property is $800,000.
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    5375 Fm 17 Alba, TX 75410
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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
    5375 Fm 17 Alba, TX 75410
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