110 Lamar St Keller, TX 76248-4944
This exceptional 2,916 square foot restaurant building, located at 110 Lamar Street in Keller, Texas, presents a unique investment opportunity. The property, built in 1975 and fully renovated in 2018, is a single-story, Class B building situated on a single lot. Currently operating as a restaurant, this owner-user property boasts a prime location within the highly sought-after Old Town Keller Entertainment District. The area is known for its thriving commercial activity, offering convenient access to dining, retail, and recreational attractions. The property benefits from its proximity to Bear Creek Park and the Keller Pointe Recreation Center, enhancing its appeal to both tenants and customers. The building's location within walking distance of Keller Sports Park, a 140-acre park attracting over 100,000 visitors annually, ensures high visibility and foot traffic. Furthermore, the property is poised to benefit from future multi-million dollar city and county improvements planned for the Old Town Keller area. The asking price for this turnkey restaurant is $900,000, and the lease type is NNN. This presents a compelling opportunity for investors seeking a well-established business in a rapidly growing area. The property's strong history, coupled with its prime location and future development prospects, makes it an attractive investment.
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Two Brothers Winery Brewery & Distillery Specialty Food Shop
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.