Restaurant and Bar For
For Sale
$1,400,000
304 Fm 148, Terrell, TX 75160
Restaurant and bar property available for sale in Kaufman County, with approximately 4,200 square feet.
Property Size4,200 SF
Price / SF$333.33
Days on Market56
Property Features for 304 Fm 148
General Information
Standard status
Active
Size
4,200 SF
Zoning
Light Industrial
Taxes and HOA fees
Annual Taxes
$12,601
Amenities
Ceiling Fan(s), Central Air
Central
Gravel
Building Details
Building Size
4,200 SF
Year Built
1970
Stories
1
Listing Agency:
M&D CRE
Listed By:
Shane Hendrix · License #0776260
(214) 460-8926
Source:
Evrealestate
Added: Jul 11
Changed: Sep 2
Last Checked: Sep 4 at 5:06AM
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 M&D CRE
Investment Insights
Based on property information with market context.
This restaurant and bar property is available for sale and includes approximately 4,200 square feet of space. The offering is presented as a commercial real estate sale with the specific property listing located at 304 Fm 148, Terrell, TX 75160.
Directions are provided via GPS, and the property is situated in Kaufman County.
For additional details, including the full layout and any improvements, please reference the complete offering materials for the specific configuration included with this sale.
Directions are provided via GPS, and the property is situated in Kaufman County.
For additional details, including the full layout and any improvements, please reference the complete offering materials for the specific configuration included with this sale.
Key Highlights
- Restaurant and bar property for sale in Kaufman County
- Approximately 4,200 SF
- Year built: 1970
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
$75,086
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
5.36%
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%
$1,501,720
$1.5M
Cap Rate 7%
$1,072,657
$1.1M
Cap Rate 9%
$834,289
$834.3K
Market Conditions
NOI Build-Up for 4,200 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
$104.8K $24.96/SF
− Vacancy
−$4.7K −$1.12/SF
EGI
$100.1K $23.84/SF
− OpEx
−$25.0K −$5.96/SF
NOI
$75.1K $17.88/SF
Area
Kaufman County, TX
Vacancy
4.50%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
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%
$1,501,720
Cap Rate 7%
$1,072,657
Cap Rate 9%
$834,289
Alternative Uses
Best Use
Specialty Retail
$1.07M
$938.6K – $1.25M
NOI $75,086 @ 7.0% cap · market cap 5.36%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$52.86M
$46.25M – $61.67M
NOI $3,700,122 @ 7.0% cap · market cap 264.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
292
Businesses Nearby
82k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 40%
Apparel 2%
Electronics 2%
McDonald's
Dining
20,760 visits/mo
0.4 miles
Murphy USA
Shops & Services
16,657 visits/mo
0.5 miles
Dollar Tree
Shops & Services
15,291 visits/mo
0.4 miles
Jack in the Box
Dining
10,014 visits/mo
0.4 miles
Arby's
Dining
5,471 visits/mo
0.5 miles
Demographics for 75160, TX
26,632
Population
8,895
Households
3
Avg Household Size
38
Median Age
20%
College-Educated
82%
High-School Grad
118.2 sq mi
ZIP Area
225
Density / Sq Mi
$70,862
Median Household Income
$38,493
Median Earnings
$1,177
Median Rent
$221,900
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.
Similar Off Market Nearby
- Swingin Doors — 304 FM148, Terrell, TX 75160
Frequently Asked Questions
What type of property is this?
Bar & Pub - Restaurant and bar property available for sale in Kaufman County, with approximately 4,200 square feet.
Where is this bar & pub located?
The property is located at 304 Fm 148 Terrell, TX.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Restaurant and bar property for sale in Kaufman County; Approximately 4,200 SF; Year built: 1970
