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Property profile & analytics
OFF-MARKET
Commercial real estate

97 Main Bailey, TX 75413

1,128 SF 0.06 ac lot Built 1996
Individually Owned 20-yr Hold Absentee Owner Free & Clear
Property ID
US82-7522147
Property summary
AI-generated overview

This exceptional opportunity presents the former Bailey BBQ, ideally situated at the intersection of 97 N Main in Bailey, Texas. This 1,128 square foot restaurant sits on a 0.06-acre lot and is offered at $165,000. The property boasts significant advantages for a new owner, including prime FM frontage, access to city water and sewer services, and a fully equipped kitchen ready for immediate operation. The sale includes all existing restaurant equipment, eliminating the need for costly initial investments. This comprehensive inventory encompasses a smoker, ice machine, food warmers, fryers, griddle, stove, an array of utensils, a coffee maker, and ample tables and chairs. The restaurant's location within the growing market of Fannin County presents a compelling opportunity for continued success. The turnkey nature of this offering allows for a seamless transition into ownership, minimizing start-up time and maximizing potential returns. This is a rare chance to acquire an established business with all the necessary equipment and infrastructure in place, ready for a new owner to step in and begin generating revenue. The property's convenient location and existing infrastructure make it an attractive proposition for entrepreneurs seeking a profitable venture in a thriving community. Don't miss this chance to own your own piece of Bailey, Texas.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1996
Total area 1,128 SF
Lot 0.06 ac (2,614 SF)
APN 94166
UPID US82-7522147
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Ricky Kirby · 20 yrs held
Ricky Kirby
since 2006
1 recorded transaction
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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