Restaurant Building with Covered
For Sale
$129,000
1801 Commercial Avenue, Anson, TX 79501
Operating food-service property with kitchen, dining area, storage, and plumbing for outdoor cooking equipment.
Property Size1,260 SF
Days on Market13
Property Features for 1801 Commercial Avenue
General Information
Standard status
Active
Size
1,260 SF
Property subtype
Commercial
Zoning
currently a Restaurant, zoned a s F1- Re
Additional Details
Patio
Yes
Amenities
fireplace
Building Details
Building Size
1,260 SF
Year Built
1965
Stories
1
Units
1
Abandoned
No
Listing Agency:
Epique Realty LLC
(325) 428-9114
Listed By:
Robbie Johnson · License #0660906
(325) 428-9114
Source:
1111brokerage
Added: Aug 17
Changed: Aug 28
Last Checked: Aug 25 at 7:57AM
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 1,260-square-foot restaurant property at 1801 Commercial Ave in Anson, TX, was built in 1965 and is currently operating as a bakery and lunch destination. The layout includes an interior kitchen, dining area, storage, and a restroom, along with front and rear parking. A covered patio with a fireplace adds an outdoor customer area and expands the functional footprint of the operation.
The rear area is plumbed for gas smokers, supporting barbecue or other outdoor cooking uses. The existing food-service configuration can accommodate continuation of the current bakery and lunch concept or a different restaurant operation, subject to the buyer’s plans and applicable requirements.
The rear area is plumbed for gas smokers, supporting barbecue or other outdoor cooking uses. The existing food-service configuration can accommodate continuation of the current bakery and lunch concept or a different restaurant operation, subject to the buyer’s plans and applicable requirements.
Key Highlights
- 1,260‑square‑foot restaurant property at 1801 Commercial Ave in Anson, TX
- Currently operating as a bakery and lunch destination
- Interior kitchen, dining area, storage, and restroom
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Operating food-service property with kitchen, dining area, storage, and plumbing for outdoor cooking equipment.
Where is this conventional restaurant located?
The property is located at 1801 Commercial Avenue 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‑square‑foot restaurant property at 1801 Commercial Ave in Anson, TX; Currently operating as a bakery and lunch destination; Interior kitchen, dining area, storage, and restroom
