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    FOR SALE
    Drive through restaurants

    2112 9th St, Wichita Falls, TX 76301-4134

    1,164 SF 0.34 ac lot Built 1977
    Individually Owned 3-yr Hold Absentee Owner Free & Clear
    Property ID
    US82-7353467
    Property summary
    AI-generated overview

    This exceptional restaurant property, located at 2112 9th Street in Wichita Falls, Texas, presents a fantastic investment opportunity. The 1,164 square foot building sits on a 0.344-acre lot and boasts a rich history, having served as a Sonic Drive-In for many years. Built in 1977 and renovated in 2002, the property is well-maintained and ready for its next chapter. Its central location in Wichita Falls places it in close proximity to other established restaurants, ensuring high visibility and foot traffic. The property's single building structure offers a streamlined operation, minimizing overhead and maximizing efficiency. The asking price is $159,900, making this a compelling opportunity for restaurateurs seeking a turnkey location or investors looking for a strong return. The property's established history and prime location within Wichita Falls, Texas (zip code 76301), offer significant potential for immediate success. This is a rare chance to acquire a well-situated restaurant property in a thriving community. The property's size and layout are ideal for a variety of restaurant concepts, providing ample space for both dining and operational needs. Don't miss this chance to own a piece of Wichita Falls' culinary landscape.

    Property profile
    Verified
    Property type Drive through restaurants
    Use group DRIVE-THRU RESTAURANT, FAST FOOD
    Year built 1977
    Construction CONCRETE BLOCKS
    Total area 1,164 SF
    Lot 0.34 ac (15,002 SF)
    Zoning code GC
    APN 1080 105 00
    UPID US82-7353467
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Nayyar Paras · 3 yrs held
    Nayyar Paras
    since 2022
    2 recorded transactions
    2022
    2010
    Zoning & alternative use
    GC · Wichita Falls, TX
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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