Property profile

512 Sheppard Rd Burkburnett, TX 76354

OFF-MARKET
Turn key restaurants
Property ID
US82-6623179
2,683 SF 0.49 ac lot Built 1975
Individually Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1975
Construction WOOD
Total area 2,683 SF
Lot 0.49 ac (21,475 SF)
Zoning code C/B
APN 5L08 004 01
UPID US82-6623179

Cap rate & NOI

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

Location

512 Sheppard Rd Burkburnett, TX 76354-2715
Burkburnett metro Census 13504 WICHITA FALLS, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2019
2 recorded transactions
2019
Price N/A
2018
$50,000

Zoning & alternative use

C/B · Burkburnett, TX
Zoning description

SECTION 20 C/B -- COMMERCIAL / BUSINESS DISTRICT 20.1 GENERAL PURPOSE AND DESCRIPTION: The C/B, Commercial/Business, district is established to provide areas for a mixture of nonresidential land uses including office, re…

General category COMMERCIAL

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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