Highway Restaurant with Drive-Through
For Sale
$850,000
349 Sw 5th St, Cross Plains, TX 76443
Existing kitchen infrastructure and paved parking support restaurant operations.
Property Size5,039 SF
Price / SF$168.68
Days on Market65
Property Features for 349 Sw 5th St
General Information
Standard status
Active
Size
5,039 SF
Site & Location
Pylon Signage
Yes
Utilities to Site
Yes
Additional Details
Furnished
No
Equipment Included
No
Taxes and HOA fees
Annual Taxes
$1,924
Listing Agency:
RE/MAX Big Country
Listed By:
Brandi Smith · License #0581442
(325) 750-6188
Source:
Exprealty
Added: Aug 11
Changed: Oct 8
Last Checked: Oct 13 at 12:18AM
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 RE/MAX Big Country
Investment Insights
Based on property information with market context.
The property includes a 5,039-square-foot restaurant improvement with multiple dining areas, commercial kitchen infrastructure, paved parking, and a freestanding highway sign. The existing layout can accommodate continued restaurant use or a second-generation quick-service restaurant conversion.
Located at 349 SW 5th St along TX-36 in Cross Plains, the property has visibility and frontage on the highway corridor. Commercial utility infrastructure is in place, and an adjoining commercial parcel at 341 State Highway 36 is available separately or together with this property. The real estate is offered separately from movable business inventory and FF&E.
Located at 349 SW 5th St along TX-36 in Cross Plains, the property has visibility and frontage on the highway corridor. Commercial utility infrastructure is in place, and an adjoining commercial parcel at 341 State Highway 36 is available separately or together with this property. The real estate is offered separately from movable business inventory and FF&E.
Key Highlights
- 5,039‑square‑foot restaurant improvement
- Multiple dining areas and commercial kitchen infrastructure
- Paved parking and freestanding highway signage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,340
Cap Rate
5.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,006,800
$1.0M
Cap Rate 7%
$719,143
$719.1K
Cap Rate 9%
$559,333
$559.3K
Market Conditions
NOI Build-Up for 5,039 SF
Gross rent
$72.6K $14.40/SF
− Vacancy
−$5.4K −$1.08/SF
EGI
$67.1K $13.32/SF
− OpEx
−$16.8K −$3.33/SF
NOI
$50.3K $9.99/SF
Area
Callahan County, TX
Vacancy
7.50%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,006,800
Cap Rate 7%
$719,143
Cap Rate 9%
$559,333
Alternative Uses
Best Use
Specialty Retail
$719.1K
$629.3K – $839.0K
NOI $50,340 @ 7.0% cap · market cap 5.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.13M
$984.4K – $1.31M
NOI $78,754 @ 7.0% cap · market cap 9.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
146
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 100%
Higginbotham Bartlett
Home Improvements & Furnishings
2,080 visits/mo
0.3 miles
Demographics for 76443, TX
1,685
Population
1,059
Households
1.6
Avg Household Size
50
Median Age
25%
College-Educated
94%
High-School Grad
140.0 sq mi
ZIP Area
12
Density / Sq Mi
$46,033
Median Household Income
$29,830
Median Earnings
$800
Median Rent
$112,400
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 - Existing kitchen infrastructure and paved parking support restaurant operations.
Where is this conventional restaurant located?
The property is located at 349 Sw 5th St Cross Plains, TX.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 5,039‑square‑foot restaurant improvement; Multiple dining areas and commercial kitchen infrastructure; Paved parking and freestanding highway signage
