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Property profile & analytics

701 Fm 1160 Rd Louise, TX 77455

  • Commercial real estate
  • 4,248 SF
  • 1.43 lot acres
For Sale
Last Sale
Oct 12, 2022
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US82-6853168
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 701 Fm 1160 Rd

Year built
1930
Lot size
1.43 lot acres
Property size
4,248 SF
Property type
Commercial real estate
APN
25465
APU
25465

Description

This exceptional turnkey restaurant opportunity in Louise, Texas, presents a rare chance to acquire a thriving business. The 7,100-square-foot establishment, built in 2022 and renovated the same year, sits on a 1.427-acre lot at a high-traffic corner of Interstate 59, approximately an hour from Houston. The property boasts a spacious layout, including a fully equipped commercial kitchen with stainless steel appliances (ovens, char broilers, griddles, stoves, fryers, power burners, vent hoods, and shelving), walk-in cooler, refrigerator, freezer, and multiple bars featuring ice machines, soda fountains, and a six-tap keg cooler. All barware, glassware, tables, chairs, bar stools, and other furniture are included, along with dishware and utensils. The HVAC system is zoned for optimal climate control, and the building is wired for internet and POS systems. A comprehensive security system with surveillance cameras is in place. The unique design incorporates a western saloon with a live music stage, a Mexican cantina with a tequila bar, an Irish pub with a fireplace, three dining rooms (partitionable), an African fire pit room, and a large outdoor beer garden and sports bar. The parking lot features new crushed limestone. Propane is plumbed for all gas appliances. Custom woodwork throughout adds to the property's charm. The asking price is $995,000, and the property is offered fee simple. The maximum occupancy is 500. A lease option at $8,500 per month is also available. The property is available for occupancy on May 15, 2024.


Value Estimations

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Location Insight

  • Map
  • Local Demand
City
Louise
County
Wharton
State
Texas
Longitude
-96.4047
Latitude
29.1181
CBSA code
20900
CBSA name
EL CAMPO, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$3,340
$124,342
$353,354
$477,696
-
$124,342
$353,354
$477,696
More about this property
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