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Property profile & analytics
OFF-MARKET
Turn key restaurants

2701 State Hwy 114 Southlake, TX 76092-6670

8,300 SF 1.76 ac lot Built 2002
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US82-2479605
Property summary
AI-generated overview

This exceptional 8,300-square-foot commercial property, located at 2701 E State Hwy 114 in Southlake, Texas, presents a significant opportunity for a restaurant or retail business. Situated in Tarrant County, this single-tenant space is entirely vacant and ready for immediate occupancy. The building's total square footage is 8,300 square feet, offering ample room for a variety of uses. The property's prime location on State Highway 114 ensures high visibility and accessibility, making it an ideal spot to establish or relocate a thriving business. The property is classified as retail and restaurant space, catering to a wide range of potential tenants. Its strategic location in Southlake, TX, 76092, offers access to a robust local economy and a significant consumer base. This turnkey space eliminates the need for extensive renovations, allowing for a quick and efficient start-up. The property's size and location make it suitable for a variety of concepts, from full-service restaurants to large-scale retail operations. Interested parties are encouraged to explore the potential of this exceptional commercial property. The property is available for lease. The geographic coordinates are 32.9421362 latitude and -97.1091722 longitude.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2002
Total area 8,300 SF
Lot 1.76 ac (76,796 SF)
APN 15218-2-1
UPID US82-2479605
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Wyndham Properties II Ltd
Wyndham Properties II Ltd
3 recorded transactions
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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