10745 Fm 949 Cat Spring, TX 78933-2202
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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.