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Property profile & analytics
OFF-MARKET
Bars & Pubs

22016 Eva St Montgomery, TX 77356

2.66 ac lot Built 1977
Entity Owned 1-yr Hold
Property ID
US83-2354414
Property summary
AI-generated overview

This exceptional Montgomery, TX hospitality property offers a unique investment opportunity. The 3,740 sq ft main building, fully renovated in 2023, is situated on a 2.66-acre lot with two additional buildings. Ideal for a restaurant, brewery, or entertainment venue, this Class B property boasts high visibility on Hwy 105, ensuring significant traffic. All furniture, fixtures, and kitchen equipment are included in the $1,599,000 asking price. Built in 1977, this mixed-use, retail property presents a turnkey operation in a rapidly growing area. The ample lot size allows for expansion or outdoor seating, enhancing its versatility and potential. Located in Montgomery County, TX, zip code 77356, this three-building complex offers a rare chance to acquire a well-established and profitable business in a thriving market. The property's prime location and recent renovations make it an attractive investment for discerning buyers seeking a high-return opportunity in the Texas hospitality sector.

Property profile
Verified
Property type Bars & Pubs
Year built 1977
Lot 2.66 ac (115,870 SF)
UPID US83-2354414
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
  • The Montgomery Grove 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
Mcclanahan Development LLC · 1 yrs held
Mcclanahan Development LLC
since 2025
2 recorded transactions
2025
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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