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Property profile & analytics
FOR SALE
Commercial real estate

400 Loop 254 E Ranger, TX 76470

1,822 SF 0.41 ac lot Built 1980
Entity Owned Absentee Owner Free & Clear
Property ID
US83-1965919
Property summary
AI-generated overview

This 1,822 square foot commercial building, situated on a 0.41-acre lot at 400 E Loop 254 in Ranger, Texas, presents a fantastic investment opportunity. Previously utilized as a restaurant, this versatile space is adaptable to a wide range of businesses, including retail or office uses. The property boasts a large dining area, two bathrooms, and a substantial amount of restaurant equipment remaining on-site, including cooking appliances, dishware, tables, and chairs. This equipment has been stored in the building for several years since the previous business closed. A significant advantage is the presence of a large, heavy-duty carport and abundant parking, ensuring convenient access for customers and employees. The building received a brand-new roof in May 2024, representing a significant recent improvement. This property offers a compelling combination of space, existing infrastructure, and convenient location, making it an ideal choice for entrepreneurs seeking to establish a new venture or for existing businesses looking to relocate. The asking price of $65,000 makes this an exceptionally attractive proposition in the current market. The property's size and features make it suitable for a variety of commercial uses, offering significant potential for return on investment. Contact us for more information and scheduling a viewing.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1980
Total area 1,822 SF
Lot 0.41 ac (17,816 SF)
APN 14788
UPID US83-1965919
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
MILLER REATHA JANE EST
MILLER REATHA JANE EST
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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