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Property profile & analytics
FOR SALE
Bars & Pubs

9805 Jacksboro Hwy Fort Worth, TX 76135-4713

4,300 SF 0.93 ac lot Built 1950
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US83-3821234
Property summary
AI-generated overview

This exceptional commercial property, located at 9805 Jacksboro Highway in Fort Worth, Texas, 76135, presents a unique investment opportunity. Currently operating as an Italian restaurant and bar, this special purpose property boasts a prime location on a high-traffic section of Highway 199, between Azle and Lake Worth, ensuring excellent visibility and accessibility. The property has undergone extensive renovations within the past year, including a complete overhaul of the electrical system with a service upgrade to 400 amps, new HVAC, and updated plumbing with a new 1500-gallon grease trap and 50-gallon water heater. A significant investment of $200,000 was made in a new concrete parking lot. Interior improvements encompass new tile flooring in sections, fresh paint throughout, updated bathrooms, and new lighting. The property also features an attractive covered back patio, ideal for outdoor dining and entertainment. The 0.927-square-foot lot offers ample space for the existing business and potential future expansion. The asking price for this turn-key operation is $1,100,000. This property is ready for immediate occupancy and presents a strong return on investment. The location's high traffic count and recent upgrades make this a truly exceptional opportunity.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1950
Total area 4,300 SF
Lot 0.93 ac (40,380 SF)
APN 32820--5W1
UPID US83-3821234
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
Current use
Occupant on record · Public records
  • Tony’s Pizza & Pour House Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Ja Jpl Corporation · 2 yrs held
Ja Jpl Corporation
since 2023
3 recorded transactions
2023
Price N/A
2016
Price N/A
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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