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    1407 Grand Ave Big Wells, TX 78830

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    For Sale
    $47,500

    Commercial building on high-traffic corner, ideal for various ventures.

    Lot size:
    0.11 Acres

    Property Features for 1407 Grand Ave

    General Information

    Lot size
    0.11 Acres

    Source: Ashley Austin Homes Agent Laurel Seymour

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

    Overview

    Former Restaurant with Redevelopment Potential

    Located at 1407 Grand Avenue in Big Wells, TX, this commercial building is a former restaurant with redevelopment potential. The property is situated on a high-traffic corner near South Commerce Street. It features a spacious dining area, a full kitchen setup, and a flexible layout. The property offers outstanding visibility and a strategic location, making it suitable for a variety of business ventures.
    Insight Report Location Intelligence

    Current Use by Public Records

    Taqueria Gonzalez Mexican Restaurant

    Suggested Use

    Building Supply Garden Center Furniture Store Convenience Store Plumbing Service Restaurant Diner

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

    Location Insight

    • Map
    • Local Demand
    City
    Big Wells
    County
    Dimmit
    State
    Texas
    Longitude
    -99.5695157
    Latitude
    28.5735427

    FAQs

    What type of property is this?
    Restaurant - Commercial building on high-traffic corner, ideal for various ventures.
    Where is this restaurant located?
    The property is located at 1407 Grand Ave Big Wells, TX.
    What is the asking price?
    The asking price for this property is $47,500.
    What are key features of this property?
    This property features: - High-traffic corner location near South Commerce Street; - Spacious commercial building with flexible layout; - Former restaurant with existing dining area and full kitchen setup
    (512) 200-3427
    Request Owner's contact information
    1407 Grand Ave Big Wells, TX 78830
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    Big Wells, TX 78830
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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
    1407 Grand Ave Big Wells, TX 78830
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