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Property profile & analytics
OFF-MARKET Estimated value $765,000
Commercial real estate

1380 Hwy 67 Alvarado, TX 76009-4009

4,564 SF 1.46 ac lot Built 2000
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US82-3381995
Property summary
AI-generated overview

This exceptional 4,564 square foot commercial property, located at 1380 Highway 67 in Alvarado, Texas, presents a unique investment opportunity. Situated on a 1.46-acre lot, this established bar and grill boasts a prime location just two miles from Interstate 35, ensuring high visibility and convenient access for patrons from surrounding communities. The property's strategic placement on Highway 67 guarantees a steady stream of customers. Ample parking is available behind the building, easily accommodating both restaurant and bar patrons, as well as guests attending events held in the dedicated private venue. This versatile space is ideal for a variety of functions, including concerts, private parties, family gatherings, and corporate events. The existing business offers an immediate opportunity to step into an established operation, benefiting from existing infrastructure and customer base. The property is priced at $1,000,000 and offers significant potential for growth and expansion within a thriving market. The combination of a successful bar and grill, coupled with a flexible event space, makes this a truly unique and attractive investment prospect. This turnkey operation is ready for a new owner to capitalize on its established success and further develop its potential. The property's size and location provide ample room for future expansion or modification to suit the needs of a discerning buyer.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2000
Total area 4,564 SF
Lot 1.46 ac (63,685 SF)
APN 126.3880.00010
UPID US82-3381995
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
AI Approach AI
by Request
CAP Approach CAP
$710k
Comparable Approach Comparable
$823k
Blend (final) Blend
$765k
Owner & transaction history
Paublo Barboza · 1 yrs held
Paublo Barboza
since 2025
3 recorded transactions
2025
Price N/A
2025
$400,000
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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