Turnkey Restaurant with Extra
For Sale
$575,000
2005 N Brazosport Blvd, Freeport, TX
Restaurant build-out with wash area, kitchen, two restrooms, and plenty of parking near major traffic on Brazosport Blvd.
Property Size1,906 SF
Price / SF$301.68
Days on Market729
Property Features for 2005 N Brazosport Blvd
General Information
Standard status
Active
Size
1,906 SF
Additional Details
Business Included
Yes
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$8,088
Listing Agency:
Birdsong Real Estate
(979) 297-4200
Listed By:
Ryan Birdsong · License #0522256
(979) 292-6205
Source:
Exprealty
Added: Oct 22, 2024
Changed: Oct 19
Last Checked: Oct 19 at 12:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Birdsong Real Estate
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Investment Insights
Based on property information with market context.
This restaurant property is set up for immediate operation with a practical interior layout that includes a wash area, kitchen, and a sitting room, along with two restrooms. The building also benefits from plenty of parking, supporting busy service hours and easy customer access.
The location is positioned off Hwy 288 along Brazosport Blvd with heavy traffic visibility, close to major employers including BASF and Dow Chemical. In addition to the restaurant building itself, there is an extra vacant lot next door, providing potential for additional use or flexibility for an operator or investor.
With the current in-place kitchen and restroom accommodations, the space is well suited for food service tenants seeking a turn-key style platform rather than a full ground-up build-out. The included adjacent vacant lot may appeal to buyers looking for expanded opportunities alongside a working restaurant operation, subject to their specific business plans and approval requirements.
The location is positioned off Hwy 288 along Brazosport Blvd with heavy traffic visibility, close to major employers including BASF and Dow Chemical. In addition to the restaurant building itself, there is an extra vacant lot next door, providing potential for additional use or flexibility for an operator or investor.
With the current in-place kitchen and restroom accommodations, the space is well suited for food service tenants seeking a turn-key style platform rather than a full ground-up build-out. The included adjacent vacant lot may appeal to buyers looking for expanded opportunities alongside a working restaurant operation, subject to their specific business plans and approval requirements.
Key Highlights
- Restaurant build‑out includes wash area, kitchen, and sitting room
- Features 2 restrooms
- Includes plenty of parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,691
Cap Rate
4.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$553,820
$553.8K
Cap Rate 7%
$395,586
$395.6K
Cap Rate 9%
$307,678
$307.7K
Market Conditions
NOI Build-Up for 1,906 SF
Gross rent
$39.1K $20.52/SF
− Vacancy
−$2.2K −$1.15/SF
EGI
$36.9K $19.37/SF
− OpEx
−$9.2K −$4.84/SF
NOI
$27.7K $14.53/SF
Area
Brazoria County, TX
Vacancy
5.60%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$553,820
Cap Rate 7%
$395,586
Cap Rate 9%
$307,678
Alternative Uses
Best Use
Specialty Retail
$395.6K
$346.1K – $461.5K
NOI $27,691 @ 7.0% cap · market cap 4.82%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$23.74M
$20.78M – $27.70M
NOI $1,662,087 @ 7.0% cap · market cap 289.06%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
293
Businesses Nearby
1k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 56%
Shops & Services 44%
Motel 6 Freeport, TX
Hotels & Casinos
620 visits/mo
0.0 miles
Watermill Express
Shops & Services
495 visits/mo
0.1 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Port Cafe — 831 W 2nd St, Freeport, TX 77541
- Turn of the Tide Cafe — 320 N Velasco Blvd, Freeport, TX 77541
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant build-out with wash area, kitchen, two restrooms, and plenty of parking near major traffic on Brazosport Blvd.
Where is this conventional restaurant located?
The property is located at 2005 N Brazosport Blvd Freeport, TX.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Restaurant build‑out includes wash area, kitchen, and sitting room; Features 2 restrooms; Includes plenty of parking
