Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1006 1st Hughes Springs, TX 75656

    • Commercial real estate
    • 5,809 SF
    • 0.76 lot acres
    OFF-MARKET
    Value Estimation
    $550,000
    Location Intelligence
    Property ID
    US83-0594607
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Sonic Drive-In / Fast Food Restaurant

    Property Details for 1006 1st

    Year built
    2002
    Lot size
    0.76 lot acres
    Property size
    5,809 SF
    Property type
    Commercial real estate
    APN
    10066-00490-00000-000000
    APU
    9223372036854775807

    Description

    This exceptional investment opportunity presents a freestanding Sonic Drive-In, ideally situated in Hughes Springs, Texas, at 1006 E 1st, 75656. The property boasts a 1,801-square-foot building on a 0.76-acre lot, constructed in 2002. Currently operating under a single-tenant, absolute NNN lease with a franchisee, the lease commenced December 29, 2008, and expires December 31, 2028, leaving approximately 4.1 years remaining. The lease includes two 10-year options with 2% annual rent bumps in the second option period. The property generates a strong NOI of $46,800, representing a 7.01% cap rate and a price per square foot of $370.91. The asking price is $668,000. This represents a compelling investment in a well-established, nationally recognized brand within a thriving market. The property's 100% occupancy and long-term lease structure provide exceptional stability and predictable cash flow. This is a rare opportunity to acquire a high-performing, low-maintenance asset with significant upside potential. The property's location and the strength of the Sonic brand contribute to its enduring value and attractiveness to investors seeking a secure and profitable investment. The property is not subject to a ground lease.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $515,000

    • CAP approach

      CAP return
      Estimation
      6%
      $655,000
      6.5%
      $790,000
      7%
      $785,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $715,000
      Geo Method
      $815,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $770,000
      Retail
      $750,000
      Mixed-Use
      $760,000
      Hospitality
      $665,000
      Educational
      $630,000
      Residential Income
      $600,000
      Energy
      $715,000
      Income-Based Land
      $620,000
      Food Service
      $660,000

    Location Insight

    • Map
    • Local Demand
    City
    Hughes Springs
    County
    Cass
    State
    Texas
    Longitude
    -94.6187
    Latitude
    32.9985

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $9,576
    $24,170
    $468,290
    $492,460
    -
    $24,170
    $468,290
    $492,460

    Comparable in this City

    • Value Estimation by Request
      1,448 SF

      213 Pecan St

      COMMERCIAL (GENERAL) • 1,448 SF
      213 Pecan St, Hughes Springs, TX 75656
      View Details
    • Value Estimation by Request
      1,600 SF

      804 Carver St

      COMMERCIAL (GENERAL) • 1,600 SF
      804 Carver St, Hughes Springs, TX 75656
      View Details
    • Value Estimation by Request
      4,240 SF

      Pne St

      COMMERCIAL (GENERAL) • 4,240 SF
      Pne St, Hughes Springs, TX 75656
      View Details
    • Value Estimation by Request
      3,465 SF

      1st St

      COMMERCIAL (GENERAL) • 3,465 SF
      1st St, Hughes Springs, TX 75656
      View Details
    • Value Estimation by Request
      2,025 SF

      209 1st

      COMMERCIAL (GENERAL) • 2,025 SF
      209 1st, Hughes Springs, TX 75656-3710
      View Details
    • Value Estimation by Request
      1,921 SF

      510 1st St

      COMMERCIAL (GENERAL) • 1,921 SF
      510 1st St, Hughes Springs, TX 75656
      View Details

    Similar Nearby for Sale

    • $189,000
      0.08 Acres

      Charming Brick Building in Hughes

      Charming old-style brick building in downtown Hughes Springs, Texas.
      218 E 1St, Hughes Springs, TX 75656
      View Details
    • $96,500
      11.64 Acres

      Hughes Springs Acreage with Pond

      11+ acres in Hughes Springs, TX, with pond and trees.
      11 & Crk 2621, Hughes Springs, TX 75656
      View Details
    • $200,000
      20.00 Acres

      20 Acres Rural Land, Hughes Springs

      20-acre property with open space, woods, and pond.
      00 Crk 2993B, Hughes Springs, TX 75656
      View Details
    • $230,000
      47.86 Acres

      47.86 Acres in Hughes Springs

      47.86 acres ideal for recreation, hunting, or building.
      Tbd Fm 250, Hughes Springs, TX 75656
      View Details
    • $155,999
      22.22 Acres

      Hughes Springs Raw Land Acreage

      22.22 acres of raw land with trees and wildlife.
      4114 22.22 Acres, Hughes Springs, TX 75656
      View Details
    • $75,500
      10.00 Acres

      Hughes Springs Raw Land Acreage

      10 acres of raw land with trees and wildlife.
      Tbd Crk 4114 #2, Hughes Springs, TX 75656
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1006 1st
    Hughes Springs, TX 75656
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.