Property profile

3000 Us Hwy 84 Justiceburg, TX 79330

OFF-MARKET
Commercial real estate
Property ID
US83-1269482
6,608 SF 5.42 ac lot Built 1983
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This thriving restaurant, Chapa's, presents a unique investment opportunity in Post, Texas. Situated on a prominent 5.42-acre lot directly off the busy US Highway 84, this location ensures high visibility and accessibility. The substantial 7,028 square foot building is fully equipped and ready for immediate operation. The sale includes all existing furniture, fixtures, and equipment, such as tables, chairs, a fully functional kitchen with appliances, and ample dishware. The spacious interior comfortably accommodates large groups and special events, making it ideal for catering to a diverse clientele. The expansive acreage offers ample parking for customers and even allows for the parking of large vehicles, a significant advantage for this location. The property's prime location and turnkey setup provide a seamless transition for a new owner, minimizing start-up costs and maximizing potential for immediate profitability. This is a rare opportunity to acquire an established, successful restaurant with significant growth potential in a desirable location. The asking price for this exceptional property is $485,000. Serious inquiries only.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1983
Total area 6,608 SF
Lot 5.42 ac (236,269 SF)
APN 011-0303-1233-030-00-00
UPID US83-1269482

Cap rate & NOI

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

Location

3000 Us Hwy 84 Justiceburg, TX 79330
Justiceburg metro Census 950102
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$390k

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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