Restaurant with
918 West Plantation Drive, Clute, TX 77531
For Sale
Contact for pricing
A fully equipped restaurant includes a commercial kitchen, bar, dining furnishings, and customer parking.
Property Size4,131 SF
Price / SF$278.38
Days on Market12
Property Features for 918 West Plantation Drive
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Drive-Thru
Equipment Included
Building Details
Buildings
Listing Agency:
Birdsong Real Estate
Listed By:
Lucy Ware · License #0459855
(979) 292-9308
Source:
Crexi
Added: Oct 29
Changed: Nov 8
Last Checked: Nov 8 at 5:45PM
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 Birdsong Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 4,131-square-foot restaurant at 918 West Plantation Drive in Clute is fitted with a drive-through window and a full kitchen. Equipment includes stainless steel fixtures, fryers, grills, a prep table, a walk-in cooler and freezer, and a separate three-door freezer. The interior also has a bar, drink refrigerators, storage, multiple sinks, approximately 35 table-and-chair sets, and a stage. Three bathrooms include men's, women's, and accessible facilities. Approximately 40 parking spaces serve the property.
Key Highlights
- 4,131‑square‑foot restaurant with drive‑through window
- Kitchen equipment includes fryers, grills, prep table, walk‑in cooler and freezer, and three‑door freezer
- Bar, drink refrigerators, storage, multiple sinks, and stage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,016
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,200,320
$1.2M
Cap Rate 7%
$857,371
$857.4K
Cap Rate 9%
$666,844
$666.8K
Market Conditions
NOI Build-Up for 4,131 SF
Gross rent
$84.8K $20.52/SF
− Vacancy
−$4.7K −$1.15/SF
EGI
$80.0K $19.37/SF
− OpEx
−$20.0K −$4.84/SF
NOI
$60.0K $14.53/SF
Area
Brazoria County, TX
Vacancy
5.60%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,200,320
Cap Rate 7%
$857,371
Cap Rate 9%
$666,844
Alternative Uses
Best Use
Specialty Retail
$857.4K
$750.2K – $1.00M
NOI $60,016 @ 7.0% cap · market cap 5.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.05M
$922.6K – $1.23M
NOI $73,808 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
748
Businesses Nearby
90k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 69%
Dining 24%
Home Improvements & Furnishings 4%
Electronics 3%
Ollie's Bargain Outlet
Shops & Services
13,678 visits/mo
0.1 miles
Dollar Tree
Shops & Services
12,390 visits/mo
0.2 miles
Chevron
Shops & Services
7,934 visits/mo
0.2 miles
KFC
Dining
7,852 visits/mo
0.2 miles
Dollar General
Shops & Services
7,114 visits/mo
0.1 miles
Demographics for 77531, TX
15,666
Population
7,502
Households
2.1
Avg Household Size
33
Median Age
17%
College-Educated
83%
High-School Grad
11.7 sq mi
ZIP Area
1,339
Density / Sq Mi
$71,583
Median Household Income
$40,817
Median Earnings
$1,217
Median Rent
$236,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - A fully equipped restaurant includes a commercial kitchen, bar, dining furnishings, and customer parking.
Where is this conventional restaurant located?
The property is located at 918 West Plantation Drive Clute, TX.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 4,131‑square‑foot restaurant with drive‑through window; Kitchen equipment includes fryers, grills, prep table, walk‑in cooler and freezer, and three‑door freezer; Bar, drink refrigerators, storage, multiple sinks, and stage
