Property profile

8601 Jacksboro Hwy Lakeside, TX 76135

OFF-MARKET
Investment properties
Property ID
US82-4685894
15,947 SF 1.57 ac lot Built 1963
Entity Owned 20-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional Lakeside, TX property boasts a prime location on Jacksboro Highway, encompassing 5.692 acres of mixed-use land. The main feature is a 12,000 square foot winery and restaurant complete with multiple outdoor patios and commercial kitchens. A separately leasable professional kitchen adds to the income potential. Thirty-two 10x15 and 10x20 mini-storage units, currently 70% leased, provide a consistent revenue stream. Seven to nine residential units, ranging from 850 to 1100 square feet, are individually leased, offering further income generation. Two apartments have the potential to be combined into a single smaller home. Adding to the versatility, a 4,000 square foot warehouse is available for lease at the rear of the property. The property is self-sufficient with its own water well and sewer system, making it exceptionally attractive. Recent improvements include a new electrical system installed to code, a fire suppression system in the restaurant meeting all code requirements, and a new retaining wall. The apartments have been remodeled, with the exception of one unit. This property is ideal for investors seeking diverse income streams and the potential for further development. Its suitability for weddings and parties adds another revenue avenue. An operating pro forma is available upon request. A two-hour advance notice is required for showings. The property's live-in management potential adds to its appeal.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1963
Total area 15,947 SF
Lot 1.57 ac (68,520 SF)
APN A1716-1G01
UPID US82-4685894

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
  • Brewery & Distillery Specialty Food Shop
  • Charitable Organization Social Service Agency
  • Clothing & Fashion Store

Location

8601 Jacksboro Hwy Lakeside, TX 76135-4335
Lakeside metro Census 114207 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
$410k

Owner & transaction history

since 2006
3 recorded transactions
2006
Price N/A
1969
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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