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    495 W Van Alstyne Pkwy Van Alstyne, TX 75495

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    For Sale
    $325,000

    Turnkey restaurant for sale in historic Van Alstyne, Texas.

    Property size:
    1,362 SF
    Lot size:
    0.28 Acres

    Property Features for 495 W Van Alstyne Pkwy

    General Information

    Size
    1,362 SF
    Lot size
    0.28 Acres

    Source: Sage Street Realty Agent Rick Steeno

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

    Overview

    Historic Restaurant Opportunity in Texas

    Located in historic Van Alstyne, Texas, this property features a charming 1890-built structure with 1362 square feet. Currently operating as a Mexican restaurant named El Patio, this property offers a turnkey solution, with all restaurant equipment included in the sale. The name of the business is open for discussion. The property presents a lucrative opportunity for entrepreneurial spirits. The possibilities for this space are endless, whether continuing the culinary tradition or transforming it into another venture, this property is primed for success.
    Insight Report Location Intelligence

    Current Use by Public Records

    El Patio Escondido ... Mexican Restaurant

    Suggested Use

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

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

    Similar Places Nearby

    Hops and Hitch LLC

    Location Insight

    • Map
    • Local Demand
    City
    Van Alstyne
    County
    Grayson
    State
    Texas
    Longitude
    -96.5746579
    Latitude
    33.4241948

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    FAQs

    What type of property is this?
    Restaurant - Turnkey restaurant for sale in historic Van Alstyne, Texas.
    Where is this restaurant located?
    The property is located at 495 W Van Alstyne Pkwy Van Alstyne, TX.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: - Turnkey Restaurant: Includes all restaurant equipment.; - Established Business: Currently operating as a successful Mexican restaurant (El Patio).; - Historic Building: Charming 1890-built structure in historic Van Alstyne, Texas.
    (972) 974-7419
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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
    495 W Van Alstyne Pkwy Van Alstyne, TX 75495
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