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Property profile & analytics
OFF-MARKET
Commercial real estate

3589 State Highway 154 Yantis, TX 75497

3,258 SF 1.78 ac lot Built 1987
Property ID
Property summary
AI-generated overview

This exceptional 3,258 square foot restaurant presents a unique investment opportunity on the shores of renowned Lake Fork. Situated on a spacious 1.78-acre lot, this property enjoys a prime location adjacent to the entrance of the new Caney Point Recreation Area, boasting six-lane boat ramps and an event pavilion. Across the street lies the new Swearingen Park, complete with a splash pad and fishing piers, ensuring high visibility and foot traffic. The restaurant is fully equipped, including all furnishings and restaurant-related equipment, and benefits from a commercial septic system. The versatile property offers potential for continued operation as a restaurant or conversion to residential use. Importantly, there are no known deed restrictions. This presents a rare chance to acquire a well-positioned commercial property in a thriving recreational area. An adjacent 0.92-acre lot with a lake leaseback, private boat ramp, and pier is also available for purchase separately from the owner. All information should be independently verified by the buyer. This is a truly remarkable opportunity to own a piece of Lake Fork's vibrant landscape.

Property profile
Verified
Property type Commercial real estate
Year built 1987
Total area 3,258 SF
Lot 1.78 ac (77,537 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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