Property profile

300 Main St Stinnett, TX 79083

OFF-MARKET
Commercial real estate
Property ID
US83-1919633
2,800 SF 0.36 ac lot Built 1981
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 2,800 square foot, Class B, vacant quick-service restaurant (QSR) building is available for $305,000. Located at 300 S Main St, Stinnett, TX 79083, this single-story property sits on a 15,625 square foot lot and is zoned C. Previously a Dairy Queen, operating until the second quarter of 2024, it boasts a strong sales history and benefits from its high-visibility location in a community supported by the oil and gas, agricultural, and ranching industries within a 90-mile radius. The property's proximity to West Texas A&M University further enhances its appeal. The building is fully equipped and ready for a new operator to capitalize on the consistent traffic and established customer base. This represents a unique opportunity to acquire a well-established QSR in a thriving Texas community. The property's robust sales history, combined with its strategic location and the area's economic strength, makes it an ideal investment for entrepreneurs seeking a profitable venture. The property is vacant and ready for immediate occupancy.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1981
Total area 2,800 SF
Lot 0.36 ac (15,625 SF)
APN 2144
UPID US83-1919633

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering

Location

300 Main St Stinnett, TX 79083-1973
Stinnett metro Census 950200 BORGER, TX MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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