Property profile

1001 Texas Ave Eunice, NM 88231

OFF-MARKET
Retail properties & Spaces
Built 2010
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Property summary

AI-generated overview

This exceptional restaurant property at 1001 Texas Avenue in Eunice, New Mexico, presents a fantastic business opportunity. Built in 2010, this retail space boasts a substantial 9,583.2 square foot lot, providing ample room for operations and potential expansion. The asking price is $259,000. The property is conveniently located in Lea County, NM, zip code 88231, offering easy access for customers. This turnkey operation includes all appliances and restaurant equipment, allowing for immediate commencement of business upon purchase. The existing infrastructure eliminates the need for significant upfront investment in equipment and setup, minimizing start-up costs and maximizing potential return. This established restaurant is ready for a new owner to step in and continue its success or implement their own vision. The property's size and location within Eunice make it an attractive investment for both seasoned restaurateurs and aspiring entrepreneurs. This is a rare chance to acquire a fully equipped and operational restaurant in a desirable location. Don't miss this chance to own your own established business.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2010

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1001 Texas Ave Eunice, NM 88231
Eunice metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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