2427 Farm To Market 1960 Rd Houston, TX 77068
This exceptional restaurant property, located at 2427 Farm to Market 1960 Rd W in Houston, Texas, presents a lucrative investment opportunity. The 5,500 square foot building sits on a 0.95-acre lot with approximately 188 feet of frontage on FM 1960, a major thoroughfare in Harris County, zip code 77068. Built in 1979 with a 2006 extension, the property includes a restaurant and a warehouse/commissary area, offering versatility for various culinary concepts. The property features two existing curb cuts with the potential for a third, making a drive-thru option feasible. The fully gated and fenced lot provides security and ample space. Its strategic location offers convenient access to major roadways, including approximately 6 miles to Highway 249 and 2.6 miles to I-45, ensuring high visibility and accessibility for customers. The asking price is $1,490,000, translating to $270.91 per square foot and $271 per square foot for land value. This property is ideal for established restaurant operators or entrepreneurs seeking a prime location with significant growth potential.
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
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