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Property profile & analytics
OFF-MARKET Estimated value $550,000
Commercial real estate

20030 Lk Country Rd Paint Rock, TX 76866-3427

4,700 SF 2.07 ac lot Built 1992
Individually Owned Free & Clear
Property ID
US83-0459645
Property summary
AI-generated overview

This exceptional turnkey retail property, located at 20030 Lake Country Rd in Paint Rock, Texas, presents a unique investment opportunity. Boasting 7,100 square feet on a 2.07-acre lot, this 1992-built establishment is perfectly situated near Lake O.H. Ivie. The property includes a fully equipped restaurant and bar area, ready for immediate operation. A large stage is ideal for live entertainment, complemented by a fully furnished commercial kitchen and a dedicated smokehouse with ample seating. Adding to its versatility, the property also features a convenient attached living quarters, complete with one bedroom and one bathroom. This remarkable venue offers immense potential for various uses, making it an attractive prospect for entrepreneurs seeking a well-established and versatile business location. The property's prime location near the lake provides excellent visibility and access to a large potential customer base. The asking price is $499,000. This is a rare opportunity to acquire a fully operational and uniquely equipped business in a desirable Texas location. Don't miss out on this exceptional chance to own a thriving lakeside establishment.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1992
Total area 4,700 SF
Lot 2.07 ac (90,169 SF)
APN R000000101
UPID US83-0459645
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
  • Dillon’s Smokehouse Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$550k
Owner & transaction history
PATRICK J DILLON
PATRICK J DILLON
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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