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    OFF-MARKET
    Investment properties

    3409 Miller Ave, Fort Worth, TX 76119-1951

    4,040 SF 0.31 ac lot Built 1959
    Individually Owned 3-yr Hold Absentee Owner Free & Clear
    Property ID
    US82-2139363
    Property summary
    AI-generated overview

    This exceptional turnkey restaurant opportunity is located at 3409 Miller Ave in Fort Worth, Texas, within the 76119 zip code. The property boasts a substantial 5,326 square feet of space, situated on a 0.51-acre lot. Built in 1959, the single-building property is ideally suited for continued operation as a restaurant, with all fixtures, furniture, and equipment (FF&E) included in the sale. Its convenient location offers easy access to major thoroughfares, including Highways 287 and 820, ensuring high visibility and accessibility for patrons. The property's strategic placement, just one block south of E Berry Street, places it within a vibrant and potentially high-traffic area. This is a rare chance to acquire a fully operational restaurant with significant square footage and prime location in a thriving Texas city. The asking price is $0, indicating a potential opportunity for negotiation. The property is classified as retail, with a single tenancy. This presents a unique opportunity for an established restaurateur or a new business venture seeking a ready-to-operate establishment. The property's size and location make it an attractive investment prospect.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1959
    Total area 4,040 SF
    Lot 0.31 ac (13,499 SF)
    APN 22930--2A-B
    UPID US82-2139363
    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
    • LU LU'S LOUNGE Nightclub DJ & Entertainment
    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
    Donald W Thomas · 3 yrs held
    Donald W Thomas
    since 2022
    1 recorded transaction
    2022
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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