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    101/103 Central Texas Expy Harker Heights, TX 76548

    For Sale
    $2,750,000

    Schlotzsky's & Hunan Palace: Prime Location

    Property size:
    3,618 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional investment opportunity presents two established businesses: a Schlotzsky's and a Hunan Palace, operating from a 3,618 sq ft building on a 29,242 sq ft lot in Harker Heights, Texas. Built in 2000, this property boasts a prime location benefiting from the strong military presence near Fort Hood and the city's steady population growth. Schlotzsky's, a well-established brand with over 50 years of history and a diverse menu, offers a proven business model and strong brand recognition. Its unique oven-baked sandwiches and other offerings cater to a broad customer base. The Hunan Palace complements this with its own established local clientele. The combined businesses benefit from a potentially high-traffic location, likely near key areas that attract diverse customers. This property offers operational stability, potential for revenue growth through expanded offerings or marketing strategies, and the possibility of future gains through property appreciation. The established customer base of both restaurants minimizes marketing costs and ensures a consistent flow of customers. This turnkey operation presents a compelling investment opportunity with significant potential for return. The asking price is $2,750,000.

    Property Features for 101/103 Central Texas Expy

    General Information

    Property type
    Land
    Square Feet
    3,618 SF

    Building Details

    Year Built
    2000

    HighLights

    • Schlotzsky's: Established brand with over 50 years of history and a loyal customer base.
    • Offers a unique menu featuring its signature oven‑baked sandwich and diverse options like pizzas and salads.
    • Proven business model with 300+ locations, demonstrating scalability and resilience in the fast‑casual market.
    • Austin‑inspired, casual dining experience emphasizing fresh, bold flavors.
    • Strong growth potential due to the increasing popularity of fast‑casual dining and its focus on quality.
    • Nationally recognized brand with strong regional presence, attracting loyal customers and franchisees.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Harker Heights
    County
    Bell
    State
    Texas
    Longitude
    -97.675603610922
    Latitude
    31.072650060872

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    FAQs

    What type of property is this?
    Land - Schlotzsky's & Hunan Palace: Prime Location
    Where is this land located?
    The property is located at 101/103 Central Texas Expy Harker Heights, TX.
    What is the asking price?
    The asking price for this property is $2,750,000.
    What are key features of this property?
    This property features: Schlotzsky's: Established brand with over 50 years of history and a loyal customer base.; Offers a unique menu featuring its signature oven-baked sandwich and diverse options like pizzas and salads.; Proven business model with 300+ locations, demonstrating scalability and resilience in the fast-casual market.
    Request Owner's contact information
    101/103 Central Texas Expy Harker Heights, TX 76548
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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
    101/103 Central Texas Expy Harker Heights, TX 76548
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