Property profile

3909 Sunset Dr San Angelo, TX 76904

FOR SALE
Turn key restaurants
Property ID
US82-7342415
7,800 SF 1.3 ac lot Built 1984
Entity Owned 9-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 7,872-square-foot restaurant space, formerly a Red Lobster, presents a unique opportunity for acquisition or lease. Located at 3909 Sunset Drive in San Angelo, Texas, this property boasts a highly visible location just inside Loop 306 on Sunset Drive, ensuring excellent exposure to a substantial customer base. The 1.3-acre lot provides ample space for potential expansion or outdoor seating. Built in 1984, the building offers a solid foundation for a variety of restaurant concepts. San Angelo, a thriving Texas city home to Angelo State University, is experiencing significant population growth, making this a prime location for a successful business venture. The asking lease rate is $23 per square foot per year, triple net (NNN). The sales price is available upon request. This property is situated in Tom Green County, Texas, with a zip code of 76904. The property's coordinates are 31.427842277860165 latitude and -100.49546657772818 longitude. This is a turnkey opportunity to establish or relocate your restaurant in a dynamic and growing market. The property's size and location offer significant potential for a variety of culinary businesses. Serious inquiries are encouraged.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1984
Total area 7,800 SF
Lot 1.3 ac (56,497 SF)
APN 25-45950-0050-005-50
UPID US82-7342415

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Roofing Company General Contractor

Location

3909 Sunset Dr San Angelo, TX 76904
San Angelo metro Census 1303 SAN ANGELO, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$400k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$420k

Owner & transaction history

since 2016
1 recorded transaction
2016
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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