Turnkey Drive-Through
3020 S Eastman Lakeport, TX 75602
3020 S Eastman, Lakeport, TX, 75602
$500,000
For Sale
$500,000
COMMERCIAL - Lakeport, TX
Property Size862 SF
Lot Size0.56 Acres
Price / SF$580.05
Days on Market40
Property Features for 3020 S Eastman
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 71928
- Lot size
- 0.56 Acres
Taxes and HOA fees
- Tax Description
- LTS 1 THRU 3 BLK 1 (NCB 1364) FW WILLIAMS
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2014
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Concrete
- Building materials
- Brick
- Roof type
- Metal, Flat
Listing Agency
Julie Woods & Associate RE Fir
(903) 587-5373
Longview, TX
Listed by
Julie Woods · License #0573602
(903) 587-5373
Added: Jun 10 Checked: Jul 19 at 4:06 am
MLS# 21091739
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This turnkey commercial property includes an established Daquiri Express drive-thru business and a well-maintained commercial building built in 2014. The site includes approximately 862 square feet of space and is configured for drive-thru or walk-up service, with all fixtures and equipment included with the business purchase option.
Located on the east side of Longview, Texas, just off Interstate 20 at 3020 S Eastman, the property is positioned for high-visibility access and customer convenience. The listing notes ample parking and easy ingress/egress for service operations.
Two purchase options are available: buyers may acquire both the real estate and the thriving business with fixtures and equipment, or purchase the real estate only for a reimagined concept such as a coffee shop, smoothie bar, hot dog stand, or another unique local format.
Located on the east side of Longview, Texas, just off Interstate 20 at 3020 S Eastman, the property is positioned for high-visibility access and customer convenience. The listing notes ample parking and easy ingress/egress for service operations.
Two purchase options are available: buyers may acquire both the real estate and the thriving business with fixtures and equipment, or purchase the real estate only for a reimagined concept such as a coffee shop, smoothie bar, hot dog stand, or another unique local format.
Key Highlights
- Well‑maintained commercial building built in 2014 on 0.56 acres
- Approximately 862 SF with a drive‑thru setup for daiquiri express business
- Brick construction with concrete flooring, central heating, and central air
Local 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 | $21.5k | $24.96 |
| − Vacancy | −$1.4k | −$1.60 |
| EGI | $20.1k | $23.36 |
| − OpEx | −$5.0k | −$5.84 |
| NOI | $15.1k | $17.52 |
862 SF · lease $24.96/SF/yr · vacancy 6.40% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$215.8K
$188.8K – $251.7K
NOI $15,104 @ 7.0% cap · market cap 3.02%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$649.3K
$568.1K – $757.5K
NOI $45,449 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Drive through restaurants
FAQs
What type of property is this?
Drive through restaurant - 2014-built commercial building operating as a Daquiri Express drive-thru with modern layout and parking on 0.56 acres.
Where is this drive through restaurant located?
The property is located at 3020 S Eastman Lakeport, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Well‑maintained commercial building built in 2014 on 0.56 acres; Approximately 862 SF with a drive‑thru setup for daiquiri express business; Brick construction with concrete flooring, central heating, and central air
