BBQ Restaurant For
2990 Highway 304 Rosanky, TX 78953
For Sale
$795,000
Up-start BBQ restaurant with exposure to Highway 304 traffic and nearby established subdivisions in Rosanky.
Property Size1,500 SF
Lot Size6.00 Acres
Price / SF$530
Days on Market1137
Property Features for 2990 Highway 304
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Lot size
- 6.00 Acres
- Property subtype
- Commercial Sale / Mixed Use
Building Details
- Year Built
- 2010
Listing Agency:
Stanberry REALTORS
(512) 217-6950
Listed By:
Randy McDonald · License #0466360
(512) 217-6950
Source:
Compass
Added: Jun 13, 2023
Changed: Jul 21
Last Checked: Jul 23 at 10:12AM
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 Stanberry REALTORS
Investment Insights
Based on property information with market context.
This for-sale restaurant offering is described as an up-start BBQ business in Rosanky, TX, with room to grow based on the current business plan. The property information also notes that the surrounding area includes several established subdivisions.
The remarks further indicate nearby growth drivers, including a new development less than 2 miles away and Highway 304 traffic supporting local demand. The listing address is 2990 Highway 304, Rosanky, TX 78953.
Additional detail provided in the remarks references the potential to expand operations on the property, and describes the setting as a country-life environment. No other building specifications, layouts, or equipment details were included with the provided information.
The remarks further indicate nearby growth drivers, including a new development less than 2 miles away and Highway 304 traffic supporting local demand. The listing address is 2990 Highway 304, Rosanky, TX 78953.
Additional detail provided in the remarks references the potential to expand operations on the property, and describes the setting as a country-life environment. No other building specifications, layouts, or equipment details were included with the provided information.
Key Highlights
- Up‑start BBQ restaurant built in 2010
- High exposure to Highway 304 traffic
- Near established subdivisions and a new development less than 2 miles away
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.1k | $26.04 |
| − Vacancy | −$1.3k | −$0.89 |
| EGI | $37.7k | $25.15 |
| − OpEx | −$9.4k | −$6.29 |
| NOI | $28.3k | $18.87 |
1,500 SF · lease $26.04/SF/yr · vacancy 3.40% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$404.3K
$353.7K – $471.7K
NOI $28,299 @ 7.0% cap · market cap 3.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$587.8K
$514.3K – $685.8K
NOI $41,146 @ 7.0% cap · market cap 5.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
FAQs
What type of property is this?
Conventional restaurant - Up-start BBQ restaurant with exposure to Highway 304 traffic and nearby established subdivisions in Rosanky.
Where is this conventional restaurant located?
The property is located at 2990 Highway 304 Rosanky, TX.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Up‑start BBQ restaurant built in 2010; High exposure to Highway 304 traffic; Near established subdivisions and a new development less than 2 miles away
