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    2427 Farm To Market 1960 Rd Houston, TX 77068

    For Lease
    $24 SF/Yr

    Prime Houston eatery, 5,500 sq ft.

    Lot size:
    5,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional restaurant property, located at 2427 FM 1960 Dr. W in Houston, Harris County, Texas, presents a compelling investment opportunity. The single-tenant building boasts a generous 5,500 square feet, encompassing both restaurant space and a warehouse/commissary area, ideal for efficient operations. Situated on approximately 0.95 acres of land, the property features two existing curb cuts with the potential for a third, enhancing accessibility and drive-thru possibilities. The building enjoys significant frontage of approximately 188 feet along FM 1960, ensuring high visibility and convenient access for customers. Built in 1979 with a 2006 extension, the property is fully gated and fenced, providing security and privacy. The property's location offers convenient access to major transportation arteries, with approximately six miles to Highway 249 and 2.6 miles to I-45, ensuring excellent connectivity for both staff and customers. The Net Net Net (NNN) lease rate is $0.54. This turnkey restaurant property is ready for immediate occupancy and presents a rare opportunity to acquire a well-positioned, established commercial space in a thriving Houston location. The zip code is 77068.

    Property Features for 2427 Farm To Market 1960 Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,500 SF

    Unit(s) available at that property

    Space
    Size
    5,500 SF
    Rate per SF
    $24

    HighLights

    • NNN lease rate: $0.54/SF.
    • 5,500 SF building on +/- 0.95 acres.
    • Two existing curb cuts, potential for a third, allowing for drive‑thru.
    • 188 feet of frontage on FM 1960.
    • Fully gated and fenced, built in 1979 with a 2006 addition.
    • ~6 miles to Hwy 249 and ~2.6 miles to I‑45.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.466200968627
    Latitude
    30.005456909238

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    FAQs

    What type of property is this?
    Restaurant - Prime Houston eatery, 5,500 sq ft.
    Where is this restaurant located?
    The property is located at 2427 Farm To Market 1960 Rd Houston, TX.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: NNN lease rate: $0.54/SF.; 5,500 SF building on +/- 0.95 acres.; Two existing curb cuts, potential for a third, allowing for drive-thru.
    Request Owner's contact information
    2427 Farm To Market 1960 Rd Houston, TX 77068
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    Realmo Value Estimation

    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.

    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.

    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
    2427 Farm To Market 1960 Rd Houston, TX 77068
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