Restaurant Building with Covered
New
For Sale
$129,000
1801 Commercial Ave, Anson, TX 79501
Existing bakery and lunch operation includes a commercial kitchen, dining area, storage, restroom, and front and rear parking.
Property Size1,260 SF
Price / SF$102.38
Days on Market2
Property Features for 1801 Commercial Ave
General Information
Standard status
Active
Size
1,260 SF
Additional Details
Patio
Yes
Amenities
covered patio with fireplace
Building Details
Year Built
1965
Listing Agency:
Epique Realty LLC
Listed By:
Robbie Johnson · License #0660906
(512) 387-0722
Source:
Tonyaharbin
Added: Sep 4
Last Checked: Sep 4 at 2:49PM
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 Epique Realty LLC
Investment Insights
Based on property information with market context.
This restaurant property at 1801 Commercial Ave in Anson includes an interior commercial kitchen, dining area, storage, restroom, and front and rear parking. The building also provides a covered outdoor patio with a fireplace, extending the customer seating and service area. Rear plumbing is in place for gas smokers, supporting outdoor cooking or barbecue service configurations.
The property is currently operating as a bakery and lunch destination. Built in 1965, it offers an established restaurant layout with existing functional areas for food preparation, dining, storage, and customer service. The current setup can support continued restaurant use or a change in concept without removing the core improvements already in place.
The property is currently operating as a bakery and lunch destination. Built in 1965, it offers an established restaurant layout with existing functional areas for food preparation, dining, storage, and customer service. The current setup can support continued restaurant use or a change in concept without removing the core improvements already in place.
Key Highlights
- 1,260 property size at 1801 Commercial Ave, Anson, TX 79501
- Currently operating as a bakery and lunch destination
- Covered outdoor patio with fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$8,547
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.63%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$170,940
$170.9K
Cap Rate 7%
$122,100
$122.1K
Cap Rate 9%
$94,967
$95.0K
Market Conditions
NOI Build-Up for 1,260 SF
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.
Gross rent
$12.9K $10.20/SF
− Vacancy
−$643 −$0.51/SF
EGI
$12.2K $9.69/SF
− OpEx
−$3.7K −$2.91/SF
NOI
$8.5K $6.78/SF
Area
Jones County, TX
Vacancy
5.00%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$170,940
Cap Rate 7%
$122,100
Cap Rate 9%
$94,967
Alternative Uses
Best Use
Specialty Retail
$179.8K
$157.3K – $209.8K
NOI $12,587 @ 7.0% cap · market cap 9.76%
Second Best
Industrial
$122.1K
$106.8K – $142.5K
NOI $8,547 @ 7.0% cap · market cap 6.63%
Theoretical Best
Office A
$281.3K
$246.2K – $328.2K
NOI $19,692 @ 7.0% cap · market cap 15.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
211
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 79501, TX
3,594
Population
1,386
Households
2.6
Avg Household Size
40
Median Age
13%
College-Educated
90%
High-School Grad
204.5 sq mi
ZIP Area
18
Density / Sq Mi
$56,547
Median Household Income
$38,106
Median Earnings
$921
Median Rent
$88,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing bakery and lunch operation includes a commercial kitchen, dining area, storage, restroom, and front and rear parking.
Where is this conventional restaurant located?
The property is located at 1801 Commercial Ave Anson, TX.
What is the asking price?
The asking price for this property is $129,000.
What are key features of this property?
This property features: 1,260 property size at 1801 Commercial Ave, Anson, TX 79501; Currently operating as a bakery and lunch destination; Covered outdoor patio with fireplace
