1605 Hewitt Dr Waco, TX 76643
This exceptional investment opportunity presents a thriving Peachwave Frozen Yogurt shop located at 1605 Hewitt Drive #105, Hewitt, TX 76643. The 2,215 square foot restaurant, built in 2018, sits on a 1.57-acre lot and benefits from a highly visible end-cap location within a popular shopping center. The property is zoned C-3 General Commercial and boasts approximately 262 feet of frontage on Hewitt Drive, a major thoroughfare with over 27,500 vehicles passing daily (TxDOT 2022 data). This ensures maximum exposure and high foot traffic. The sale includes the established Peachwave Frozen Yogurt business, offering a turnkey operation with immediate revenue potential. The current month-to-month lease provides flexibility for relocation if desired. Detailed financials are available upon request. This property presents a rare opportunity to acquire a profitable, established business in a prime location with significant growth potential. The one-story building is part of a larger complex and offers ample space for expansion or redevelopment. The asking price is $98,000.
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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
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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.