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Property profile & analytics
FOR SALE
Commercial real estate

701 Fm 1160 Rd Louise, TX 77455

4,248 SF 1.43 ac lot Built 1930
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-6853168
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1930
Total area 4,248 SF
Lot 1.43 ac (62,169 SF)
APN 25465
UPID US82-6853168
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
The First State Bank · 3 yrs held
The First State Bank
since 2023
3 recorded transactions
2023
Price N/A
2022
Price N/A
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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