Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Cross Plains BBQ Restaurant Opportunity Title is generated by Realmo AI

    401 S Avenue E #A, Cross Plains, TX 76443

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $175,000

    Former BBQ restaurant with equipment, expansion potential, and highway visibility.

    Type:Commercial
    Property size:
    936 SF
    Price / SF:
    $186/SF
    Added:
    Apr 22, 2026
    Days on Market:
    27
    Last Refresh:
    Apr 22 at 5:36 pm

    Property Features for 401 S Avenue E #A

    General Information

    Standard status
    Active
    Size
    936 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1975

    We can help!

    Listing Contact
    Ray Conner

    Listing agent Ray Conner

    Listing office UCRE - Tx Home and Ranches RE

    Listing date Apr 22, 2026

    Source Signaturere

    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 UCRE - Tx Home and Ranches RE

    HighLights

    • Equipped former BBQ restaurant ready for a new owner.
    • High visibility location on Hwy 36.
    • Includes a covered BBQ area.
    • Generous parcel of land with extra acreage for expansion.
    • Approximately 950 sq. ft. of interior space.
    • Most equipment is already in place.

    Overview

    This former BBQ restaurant in Cross Plains, Texas, presents an opportunity for a new owner. The property includes approximately 950 square feet of interior space, along with a covered BBQ area. Much of the equipment remains in place. Situated on a parcel of land along Highway 36, the property also features extra acreage that offers potential for expansion. The removal of an old house and some cleanup could create space for additional parking, outdoor dining, or future development. The location offers visibility and ample space.
    Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Restaurant Real Estate Agency Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cross Plains
    County
    Callahan
    State
    Texas
    Longitude
    -99.166732
    Latitude
    32.12209

    Nearby Similar for Sale

    • $425,000
      1,344 SF

      Texas Country Living on Acres

      Charming home on 11 acres near Cross Plains, Texas.
      12633 FM 374, Cross Plains, TX 76443
      View Details
    • $142,500

      Historic Bank Building in Cross Plains

      Charming historic bank building, currently a restaurant, with diverse potential.
      100 S Main Street, Cross Plains, TX 76443
      View Details
    • $59,500

      Downtown Cross Plains Retail Opportunity

      4,000+ sq ft retail space in downtown Cross Plains, TX.
      Tbd S Main Street, Cross Plains, TX 76443
      View Details
    • $125,000

      Downtown Cross Plains Retail Building

      Retail building in downtown Cross Plains with residential potential.
      117 N Main Street, Cross Plains, TX 76443
      View Details
    • $810,000

      Texas Land with Updated Home

      46.64 acres with updated home, shop, and animal facilities.
      17978 County Road 445, Cross Plains, TX 76443
      View Details
    • $30,500

      Charming Retail Space in Cross Plains

      Unique retail or office space with historic charm in Cross Plains.
      Tbd SW 1st Street, Cross Plains, TX 76443
      View Details
    • $715,625

      Cross Plains Ranch with Coastal Fields

      125-acre ranch featuring coastal fields, wooded areas, and ponds.
      Tbd Cr 429, Cross Plains, TX 76443
      View Details
    • $230,000

      Income-Producing Duplex Portfolio

      Four-unit duplex in Cross Plains, TX, with immediate cash flow.
      217 2nd Street, Cross Plains, TX 76443
      View Details
    • $89,000

      Callahan County Land with Water

      11-acre tract ideal for livestock, hay, or homesite.
      Tbd CR 409, Cross Plains, TX 76443
      View Details
    • $1,250,000

      254-Acre Ranch Near Crosscut, TX

      254-acre ranch with highway frontage, water features, and abundant wildlife.
      Tbd County Road 121, Cross Plains, TX 76443
      View Details
    • $142,500
      3,075 SF

      Historic Bank Building with Potential

      Charming bank building suitable for restaurant, retail, or residential use.
      100 S Main Street, Cross Plains, TX 76443
      View Details
    • $125,000
      2,225 SF

      Downtown Cross Plains Mixed-Use Building

      Mixed-use building in downtown Cross Plains with recent updates.
      117 N Main Street, Cross Plains, TX 76443
      View Details

    FAQs

    What type of property is this?
    Conventional restaurant - Former BBQ restaurant with equipment, expansion potential, and highway visibility.
    Where is this conventional restaurant located?
    The property is located at 401 S Avenue E #A Cross Plains, TX.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: Equipped former BBQ restaurant ready for a new owner.; High visibility location on Hwy 36.; Includes a covered BBQ area.
    We can help!
    Listing Contact
    Ray Conner
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    401 S Avenue E #A, Cross Plains, TX 76443
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!