3589 State Highway 154 Yantis, TX 75497
This exceptional 1.785-acre commercial property in Yantis, Texas, presents a unique investment opportunity. Located at 3589 W State Highway 154, this 3,258 square foot site boasts prime positioning adjacent to the new Caney Point Recreation Area at Lake Fork, featuring boat ramps and an event pavilion. Across the street lies Swearingen Park, complete with a splash pad and fishing piers. The property includes all restaurant furnishings and equipment, and benefits from a commercial septic system. This versatile space offers potential for continued restaurant operation or alternative uses, subject to local regulations. The absence of known deed restrictions adds to its appeal. The property's location near the highly popular Lake Fork provides significant potential for high traffic and visibility. This is a rare chance to acquire a well-equipped commercial property in a thriving recreational area. An adjacent 0.92-acre lot with a lake leaseback, private boat ramp, and pier is also available for purchase separately. All information should be independently verified by the buyer.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.