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    OFF-MARKET
    Retail properties & Spaces

    500 Us-79, Henderson, TX 75652

    Property ID
    Property summary
    AI-generated overview

    This exceptional 1-unit, 1-story commercial pad site in Henderson, Texas, presents a compelling redevelopment opportunity for quick-service restaurants or coffee shops. Located at 500 US-79, this property boasts a prime location along Henderson's main retail corridor, surrounded by established regional and national retailers. The site is zoned C-2: General Commercial (APN 46720) and offers significant advantages for investors seeking a high-traffic location. The property includes an existing building and infrastructure, providing potential cost savings and flexibility for adaptive reuse. All utilities are readily available, simplifying the development process. The asking price for this exceptional investment opportunity is $515,000. This former Sonic Drive-In location offers a proven track record and established visibility, making it an ideal platform for a new quick-service restaurant or similar venture. The property's strategic location and existing infrastructure make it a highly attractive investment prospect in a thriving Texas market. The single-story building sits on a mixed-use land parcel, providing ample space for development and expansion. This is a rare chance to acquire a well-positioned property in a high-growth area.

    Property profile
    Verified
    Property type Retail properties & Spaces
    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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