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    302 S Magnolia St Hearne, TX 77859

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    For Sale
    $1,200,000

    Turn-key restaurant with historic charm in Hearne, Texas.

    Property size:
    7,256 SF
    Lot size:
    0.33 Acres

    Property Features for 302 S Magnolia St

    General Information

    Size
    7,256 SF
    Lot size
    0.33 Acres

    Source: Riverstone Companies, LLC Agent James Jones

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Restaurant in Downtown Hearne

    The Pony Express Bar and Grill, situated in downtown Hearne, presents an opportunity to acquire an established restaurant with historic characteristics. The property is located less than 500 feet from State Highway 6, approximately 20 minutes from Bryan-College Station, and near US Highway 79 and US Highway 190. The location provides proximity to multiple high-traffic intersections and thoroughfares. Nearby communities include Milano, Gause, Calvert, and Franklin. The property contains 7,256 square feet and is suitable for restaurant or retail use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hearne
    County
    Robertson
    State
    Texas
    Longitude
    -96.595547
    Latitude
    30.880132

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    FAQs

    What type of property is this?
    Turn key restaurant - Turn-key restaurant with historic charm in Hearne, Texas.
    Where is this turn key restaurant located?
    The property is located at 302 S Magnolia St Hearne, TX.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Established, well-regarded restaurant business included in sale.; - Turn-key opportunity to acquire a piece of Hearne's history.; - Prime downtown location in Hearne.
    (979) 431-4400
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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
    302 S Magnolia St Hearne, TX 77859
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