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    2201 W S Young Dr Killeen, TX 76543

    For Sale
    $275,000

    Established Chinese Restaurant, Great Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This thriving Chinese restaurant, Wong's Palace, is a turnkey opportunity located at 2201 S W S Young Dr, Killeen, TX 76543. Established in 1985 on a 4.41-acre lot, this family-friendly business boasts a loyal customer base built on consistently high-quality food and service. The diverse menu features popular Chinese staples like Kung Pao Chicken and Mongolian Beef, appealing to a wide range of tastes. Wong's Palace benefits from a strong local presence and high demand for its to-go and delivery services, a key factor in its resilience and profitability. The restaurant's strategic location in Killeen, a city with a significant military presence and diverse population, ensures a steady stream of customers. The cost-effective operational model, focusing on takeout and delivery, maximizes profitability. This well-established business presents a compelling investment opportunity with potential for future expansion, capitalizing on the growing demand for convenient and high-quality dining options. The asking price is $275,000.

    Property Features for 2201 W S Young Dr

    General Information

    Property type
    Investment properties
    Lot Size
    192,100 SF

    Building Details

    Year Built
    1985

    HighLights

    • Established Killeen restaurant with loyal customer base.
    • Family‑friendly atmosphere attracting diverse clientele.
    • Strong to‑go and delivery services meeting increased demand.
    • Diverse menu catering to a wide range of tastes.
    • Resilient business model with low vulnerability to economic downturns.
    • Strong community presence and brand recognition.
    Property Profile Location Intelligence

    Current Use by Public Records

    Marrero Salvador DDS Dentist Adolescent & Family Counseling Marriage Or Relationship Counselor Ross Caviness - State ... Insurance Agency Garden Palace Banquet Hall Mothers Against Drunk ... Social Services Organization

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Killeen
    County
    Bell
    State
    Texas
    Longitude
    -97.6765157
    Latitude
    31.148223

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    FAQs

    What type of property is this?
    Investment property - Established Chinese Restaurant, Great Location
    Where is this investment property located?
    The property is located at 2201 W S Young Dr Killeen, TX.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: Established Killeen restaurant with loyal customer base.; Family-friendly atmosphere attracting diverse clientele.; Strong to-go and delivery services meeting increased demand.
    Request Owner's contact information
    2201 W S Young Dr Killeen, TX 76543
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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
    2201 W S Young Dr Killeen, TX 76543
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