Property profile

5220 State Hwy 121 Colleyville, TX 76034

OFF-MARKET
Turn key restaurants
Property ID
US83-3354369
7,354 SF 1.94 ac lot Built 1998
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The property is a 7,354-square-foot building on a 1.94-acre site. It includes a restaurant-oriented interior build-out with a separate dining area and a private room, along with a large bar/lounge space. An exterior patio is also included. The building provides highway frontage on Highway 121 and has pylon signage for visibility. The property is suitable for restaurant, retail, and bar uses.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1998
Total area 7,354 SF
Lot 1.94 ac (84,681 SF)
APN 17803-1-2R
UPID US83-3354369

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

Location

5220 State Hwy 121 Colleyville, TX 76034-5927
Colleyville metro Census 113633 DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$570k

Owner & transaction history

since 2018
7 recorded transactions
2021
Price N/A
2018
Price N/A
2016
Price N/A
2015
$1.5M
2011
Price N/A
2008
Price N/A
1969
Price N/A

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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