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Property profile & analytics
OFF-MARKET
Commercial real estate

115 Main St Crandall, TX 75114-2901

2,380 SF 0.13 ac lot Built 2003
Individually Owned 6-yr Hold Absentee Owner Free & Clear
Property ID
US82-0248563
Property summary
AI-generated overview

This exceptional commercial property, located at 115 S Main Street in Crandall, Texas, presents a unique investment opportunity. The 2,380 square foot building, constructed in 2003, sits on a 0.13-acre lot and is currently occupied by Hot Rodz Diner, a well-established restaurant operating since February 2020. The sale includes the building itself, and the existing contents belong to the current tenant. The current tenant operates on a month-to-month lease but is open to negotiating a new lease with a prospective buyer. There is also a possibility of purchasing the established restaurant business itself, allowing for a seamless transition and the retention of existing staff who are interested in continuing their employment. This property offers immediate income potential with the existing tenant or the opportunity to develop your own concept in a prime Crandall location. The building's size and layout are well-suited for a variety of restaurant or commercial uses. The property is priced at $375,000. Interested parties should contact the listing agent for further details and scheduling. Direct contact with the business regarding the sale or property purchase is discouraged.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2003
Total area 2,380 SF
Lot 0.13 ac (5,798 SF)
APN 00.0710.0003.0013.00.01.01
UPID US82-0248563
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
Current use
Occupant on record · Public records
  • Hot Rodz Diner LLC Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Ruhit Abduli · 6 yrs held
Ruhit Abduli
since 2020
3 recorded transactions
2020
Price N/A
2014
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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