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Property profile & analytics
OFF-MARKET
Specialty properties

462 Tx-276 East Tawakoni, TX 75472

18,000 SF 1.49 ac lot Built 1960
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located in the West Tawakoni submarket of Rains County, presents a unique investment opportunity. The property consists of two single-story buildings totaling 18,000 square feet, situated on a substantial 1.49-acre lot (64,904 sq ft). Currently, 16,500 square feet is vacant, offering significant potential for redevelopment or expansion. Built in 1960, the property features a prime location with easy access from three rural municipalities: Emory, Lone Oak, and Quinlan, via busy Texas highway frontage. The existing structure includes a butcher's market area, refrigerated coolers, a walk-in freezer, and a warehouse with three loading docks, providing ample storage and inventory capabilities. A small section is already equipped for restaurant use. The property's zoning is commercial, allowing for a variety of uses. The possibilities are extensive, ranging from restarting a grocery store to establishing a completely new business venture such as a bowling alley, skating rink, arcade, or other entertainment venue. This property offers a rare chance to capitalize on a low-competition market with high growth potential. The property is conveniently located near Littlefield Drive. No elevators are present.

Property profile
Verified
Property type Specialty properties
Year built 1960
Total area 18,000 SF
Lot 1.49 ac (64,904 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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