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    OFF-MARKET
    Retail properties & Spaces

    12030 Murphy Rd, Houston, TX 77031

    8,064 SF Built 1980
    Property ID
    Property summary
    AI-generated overview

    This exceptional restaurant opportunity is located at 12030 Murphy Rd, Houston, TX 77031, in Harris County. The property boasts a substantial 8,064 square feet of space situated on a generous 2.11-acre lot, providing ample room for operations and expansion. Built in 1980 and extensively renovated in 2021, the building is in excellent condition and ready for immediate occupancy. The property includes a single building and features 106 parking spaces, ensuring convenient access for customers and staff. This second-generation restaurant is currently operational, presenting a turnkey solution for a new owner/operator. The sale includes the existing furniture, fixtures, and equipment (FF&E). The property's APN is 0410560000058. There are no restrictions on permitted uses, offering flexibility for a variety of culinary concepts. This is a rare opportunity to acquire a well-established restaurant with significant potential in a desirable Houston location. The property is being offered for sale by owner.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1980
    Total area 8,064 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
    Current use
    Occupant on record · Public records
    • Los Gallitos Mexican Cafe Restaurant
    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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