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Property profile & analytics
FOR SALE
Turn key restaurants

2500 Highway 121 Bedford, TX 76021

2,208 SF 0.58 ac lot Built 1988
Entity Owned 9-yr Hold Free & Clear
Property ID
US82-4086105
2500 Highway 121, Bedford, TX 76021 For Sale
$1,050,000 2,208 SF
2500 Highway 121, Bedford, TX 76021
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Property summary
AI-generated overview

This exceptional investment opportunity presents a freestanding, 2,400 square foot restaurant building situated on a 0.58-acre lot at the highly visible intersection of Harwood Road and Highway 121 in Bedford, Texas. Built in 1988, the property boasts a multi-tenancy configuration, ideal for a variety of quick-service restaurant or fast-food concepts. The strategic location ensures high visibility and accessibility, benefiting from significant daily traffic volume. Key features include a convenient drive-thru lane, a prominent pylon sign for enhanced brand recognition, and the advantage of being situated at a well-lit intersection. The property's single building structure offers operational efficiency and ease of management. The asking price for this turnkey restaurant opportunity is $980,000. This location in Tarrant County, Texas, zip code 76021, presents a compelling investment prospect for those seeking a thriving commercial venture in a high-demand area. The property's address is 2500 Hwy. 121, Bedford, TX.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1988
Total area 2,208 SF
Lot 0.58 ac (25,047 SF)
APN 46527-1-3
UPID US82-4086105
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
  • Seramont Apartment Building
  • Ramen Joy 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
by Request
Owner & transaction history
Hong Cheong Ents Corp · 9 yrs held
Hong Cheong Ents Corp
since 2017
1 recorded transaction
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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