462 Tx-276, East Tawakoni, TX 75472
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.
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
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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.