Drive-Through Restaurant
3618 Bellmead Dr, Bellmead, TX 76705
For Sale
New
$675,000
An established drive-in footprint with existing infrastructure is offered for redevelopment.
Property Size1,340 SF
Days on Market2
Property Features for 3618 Bellmead Dr
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Building Details
Building Size
Listing Agency:
Cromwell Commercial Group
Listed By:
Will Phipps · License #0744913
(254) 313-0000
Source:
Cbcworldwide
Added: Nov 8
Last Checked: Nov 8 at 5:19PM
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 Cromwell Commercial Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This drive-through restaurant property has an established drive-in footprint and existing infrastructure. The site is offered for sale as a redevelopment opportunity.
The property is on State Highway 31 W at 3618 Bellmead Dr in Bellmead, Texas.
The property is on State Highway 31 W at 3618 Bellmead Dr in Bellmead, Texas.
Key Highlights
- Established drive‑in footprint
- Existing infrastructure
- Located on State Highway 31 W
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,956
Cap Rate
3.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$479,120
$479.1K
Cap Rate 7%
$342,229
$342.2K
Cap Rate 9%
$266,178
$266.2K
Market Conditions
NOI Build-Up for 1,340 SF
Gross rent
$33.4K $24.96/SF
− Vacancy
−$1.5K −$1.12/SF
EGI
$31.9K $23.84/SF
− OpEx
−$8.0K −$5.96/SF
NOI
$24.0K $17.88/SF
Area
McLennan 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 Rate 5%
$479,120
Cap Rate 7%
$342,229
Cap Rate 9%
$266,178
Alternative Uses
Best Use
Specialty Retail
$342.2K
$299.5K – $399.3K
NOI $23,956 @ 7.0% cap · market cap 3.55%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
133
Businesses Nearby
35k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
CEFCO
Shops & Services
10,123 visits/mo
0.4 miles
Dollar General
Shops & Services
7,913 visits/mo
0.4 miles
Shell
Shops & Services
6,496 visits/mo
0.4 miles
Exxon
Shops & Services
5,520 visits/mo
0.3 miles
Circle K
Shops & Services
4,929 visits/mo
0.5 miles
Demographics for 76705, TX
31,736
Population
12,107
Households
2.6
Avg Household Size
34
Median Age
17%
College-Educated
80%
High-School Grad
118.6 sq mi
ZIP Area
268
Density / Sq Mi
$54,881
Median Household Income
$33,076
Median Earnings
$941
Median Rent
$167,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Drive through restaurant - An established drive-in footprint with existing infrastructure is offered for redevelopment.
Where is this drive through restaurant located?
The property is located at 3618 Bellmead Dr Bellmead, TX.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Established drive‑in footprint; Existing infrastructure; Located on State Highway 31 W
