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Property profile & analytics
OFF-MARKET
Commercial real estate

10745 Fm 949 Cat Spring, TX 78933-2202

6,754 SF 0.46 ac lot Built 1965
Entity Owned Absentee Owner Free & Clear
Property ID
US82-5318133
Property summary
AI-generated overview

This exceptional 3,800-square-foot restaurant space, located at 10745 FM949 in Cat Spring, presents a unique opportunity for a chef or restaurateur. Previously operating as the well-known Carol's at Cat Spring, this single-tenant property has undergone recent upgrades and is ready for immediate occupancy. The space boasts ample seating for over 100 guests, making it ideal for a bustling establishment. Beyond the interior dining area, the property includes significant outdoor space, perfect for al fresco dining or events. The building's functionality extends beyond a traditional restaurant; it has also served as an event space and commercial kitchen, offering versatility for various culinary concepts. The property sits on a half-acre lot, providing ample room for expansion or outdoor amenities. For those relocating, a three-bedroom home is available for lease directly across the street, simplifying the transition. This turnkey restaurant offers a rare combination of size, location, and existing infrastructure, making it an attractive investment for the right operator. The property is ready for a new chapter, and the owner is eager to see it thrive as a community dining destination.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1965
Total area 6,754 SF
Lot 0.46 ac (19,950 SF)
APN 19256
UPID US82-5318133
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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Comparable Approach Comparable
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Owner & transaction history
DAMASCUS DEVELOPMENT LLC
DAMASCUS DEVELOPMENT LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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