1022 Boykin Dr Memphis, TX 79245
This exceptional turnkey restaurant opportunity is located at 1022 Boykin Dr, Memphis, Texas, 79245. Priced at $3,500,000, this well-established eatery boasts a beautiful, rustic ambiance and a strong reputation within the community. The property is a retail space specifically designed as a restaurant, offering a welcoming family atmosphere and a consistently positive customer experience. The fully equipped kitchen includes a buffet setup, complemented by ample seating with a mix of tables and booths. Its prime location provides excellent highway frontage, ensuring high visibility and accessibility for potential customers. The business enjoys a loyal local following, making it an attractive investment for serious buyers. Detailed financial information regarding the business portfolio is available upon request for qualified purchasers. This is a rare chance to acquire a thriving restaurant with a proven track record in a desirable Texas location. The property's latitude and longitude coordinates are 34.7339153, -100.5435858, respectively. Hall County is the location's county.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.