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    11816 Us Highway 60 Pampa, TX 79065

    For Sale
    $199,950

    5,700 SF restaurant with additional land on 4.14 acres.

    Property size:
    5,700 SF
    Lot size:
    4.14 Acres

    Property Features for 11816 Us Highway 60

    General Information

    Size
    5,700 SF
    Lot size
    4.14 Acres

    Source: Justin Kite Agent Justin Kite

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

    Overview

    Restaurant on Highway 60

    This former restaurant property, situated on Highway 60, encompasses approximately 5,700 square feet. The site includes approximately 37,461 square feet of land, with an additional adjacent 142,876 square feet available. The restaurant features multiple dining areas and two large waitress stations, along with a spacious kitchen area. Ample parking is available with easy access. The property offers a location with high visibility, presenting an opportunity to establish or re-establish a restaurant in a high-traffic area. Furniture, fixtures, and equipment may be available.
    Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Pampa
    County
    Gray
    State
    Texas
    Longitude
    -100.982865
    Latitude
    35.521009

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    FAQs

    What type of property is this?
    Restaurant - 5,700 SF restaurant with additional land on 4.14 acres.
    Where is this restaurant located?
    The property is located at 11816 Us Highway 60 Pampa, TX.
    What is the asking price?
    The asking price for this property is $199,950.
    What are key features of this property?
    This property features: - Prime location on Hwy 60 with great visibility.; - ±5,700 SF former restaurant suitable for establishing or re-establishing a restaurant.; - ±37,461 SF of land with an additional ±142,876 SF adjacent land for expansion or parking.
    (806) 468-4897
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    11816 Us Highway 60 Pampa, TX 79065
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    Pampa, TX 79065
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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
    11816 Us Highway 60 Pampa, TX 79065
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