5375 Fm 17 Alba, TX 75410
This expansive 9,112 square foot metal building presents a unique investment opportunity in Alba, Texas. Situated on a highly visible 2.4-acre lot at the intersection of FM 17 and 515, this property boasts a prime location on one of the area's busiest roads. For over two decades, this established facility has operated as a restaurant, successfully serving the Alba-Emory community. Its substantial size allows for diverse uses, including a full-scale entertainment center. Imagine the possibilities: a restaurant with live western music, dancing, and a full bar, capitalizing on the lack of comparable venues in the area. The existing restaurant infrastructure is comprehensive, featuring a fully equipped kitchen with fryers, prep tables, a walk-in cooler, two freezers, and ample storage. The dining area comfortably seats 400, complete with tables, chairs, a buffet bar, and an ice machine. A separate banquet room accommodates private events for 80+ guests. Ample parking is available, with paved spaces for over 70 cars, plus additional gravel parking. The property's potential extends beyond its current configuration, offering significant upside for expansion and increased profitability. The existing loyal customer base provides a solid foundation for future growth.
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BILL SMITH'S BUFFET Restaurant
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.