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    1645 Winding Hollow Dr Katy, TX 77450

    Sponsored
    For Sale
    $120,000

    Established eatery, prime location, strong sales.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This bank-owned foreclosure presents a unique opportunity to acquire a thriving restaurant in Katy, Texas. Located at 1645 Winding Hollow Dr, 77450, this single-tenancy business boasts impressive sales figures, with total deposits of $630,937 in 2023 and $130,905 year-to-date in 2024. The restaurant operates under a NNN lease with a base rent of $2.10 per square foot, or $4,550 per month. The menu features a variety of chicken options paired with unique sauces, complemented by signature appetizers like kimchi and bulgogi fries. A selection of domestic and imported beers is also available. This turnkey operation is ideal for an experienced restaurateur looking to capitalize on an established business with a proven track record in a high-traffic area of Harris County. The asking price for this exceptional opportunity is $120,000. Financial records are available upon request. This is a business-only sale, and the property is bank-owned and being sold as a foreclosure.

    Property Features for 1645 Winding Hollow Dr

    General Information

    Property type
    Investment properties

    HighLights

    • $630,937 total 2023 deposits.
    • $130,905 year‑to‑date 2024 deposits.
    • $2.10 per square foot, NNN base rent.
    • $4,550 monthly base rent.
    Property Profile Location Intelligence

    Current Use by Public Records

    Reliable Taxi Taxi Service HongDae Pocha Korean Restaurant Building Greatness Inc Mental Health Service Katy Mobile Mechanic Auto Repair Shop Water Tree Mason Bottled Water Supplier

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Katy
    County
    Harris
    State
    Texas
    Longitude
    -95.750113896477
    Latitude
    29.755266464181

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    FAQs

    What type of property is this?
    Investment property - Established eatery, prime location, strong sales.
    Where is this investment property located?
    The property is located at 1645 Winding Hollow Dr Katy, TX.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: $630,937 total 2023 deposits.; $130,905 year-to-date 2024 deposits.; $2.10 per square foot, NNN base rent.
    Request Owner's contact information
    1645 Winding Hollow Dr Katy, TX 77450
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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
    1645 Winding Hollow Dr Katy, TX 77450
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