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    Electra, TX
    Restaurants

    Electra, TX Restaurants for Sale

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    Vernon, TX Harrold, TX Grandfield, OK Iowa Park, TX Burkburnett, TX Wichita Falls, TX Holliday, TX Loveland, OK
    Drive-Through Restaurant Site
    Updated: Jun 15
    Drive-Through Restaurant Site

    1298 N BAILEY STREET, Electra, TX 76360

    $395,000
    1,417 sqft
    1,417 SF commercial property
    Former Sonic Drive‑In location
    Existing drive‑thru infrastructure
    On‑site parking lot
    Access on and off Hwy 287
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    This listing looks promising.

    Here's a quick look at some key insights for

    1298 N BAILEY STREET, Electra, TX 76360

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    • Est. Cap Rate

      6.3%
      Above avg (5.9%)

    • Est. NOI

      $25K
      Annual

    • Price @ 7% Cap

      $356K
      Suggested

    • Property Type

      Drive-Thru Restaurant, Fast Food
      Built 2001
    View Property Analytics
    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 1 Active listings in Electra, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    High-Visibility Commercial Building
    High-Visibility Commercial Building

    3900 SHEPPARD ACCESS ROAD, Wichita Falls, TX 76306

    $325,000
    2,509 sqft

    Versatile commercial building on 1.21 acres near Sheppard Air Force Base, with prominent exposure along Sheppard Access Road.

    View details
    Versatile Restaurant and Retail Building
    Versatile Restaurant and Retail Building

    3900 SHEPPARD ACCESS ROAD, Wichita Falls, TX 76306

    $325,000
    2,509 sqft 1.21 AC lot

    Versatile commercial building on a high-visibility site just outside Sheppard Air Force Base, suited for restaurant and service uses.

    View details
    Restaurant and Bar Venue with Commercial Kitchen
    Restaurant and Bar Venue with Commercial Kitchen

    910 N Main Street, Seymour, TX 76380

    $450,000
    0.92 AC lot

    Restaurant and full-service bar venue with a fully equipped commercial kitchen, stage area, and spacious dining built in 1980.

    View details
    Restaurant Bar and Event Venue
    Restaurant Bar and Event Venue

    910 N Main Street, Seymour, TX 76380

    $450,000

    Full-service bar and fully equipped commercial kitchen support dining, events, and entertainment with ample seating.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Corner Commercial Land Site
    Corner Commercial Land Site

    6774 SOUTHWEST PARKWAY, Wichita Falls, TX 76310

    $695,000
    1.33 AC lot

    Corner lot at a major 4-way intersection with adjacent acreage available for flexible commercial development.

    View details
    Light Industrial Development Land
    Light Industrial Development Land

    5103 JACKSBORO HIGHWAY, Wichita Falls, TX 76302

    $295,000

    Corner industrial land with utilities at the street, positioned for fuel, quick-service, and automotive uses.

    View details
    Prime Corner Land Development Opportunity
    Prime Corner Land Development Opportunity

    SW Lee Boulevard, Cache, OK 73162

    $360,000
    2.00 AC lot

    2-acre commercial land with high visibility in a growing area.

    View details
    Commercial/Residential Land in Medicine Park
    Commercial/Residential Land in Medicine Park

    136 Merry Circle Dr, Medicine Park, OK 73557

    $225,000
    0.34 AC lot

    Triple lot with commercial or residential potential in Medicine Park.

    View details

    Off-Market Properties in Electra, TX

    Consider similar Off-Market properties in Electra, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    601 Michigan Ave
    BAR, TAVERN

    601 Michigan Ave, Electra, TX 76360-1820

    Value Estimation by Request
    380 sqft 0.16 AC lot
    View details
    113 Bryan Ave
    BAR, TAVERN

    113 Bryan Ave, Electra, TX 76360-2448

    Value Estimation by Request
    1,575 sqft 0.04 AC lot
    View details
    213 Frnt Ave
    BAR, TAVERN

    213 Frnt Ave, Electra, TX 76360-2609

    Value Estimation by Request
    6,000 sqft 0.10 AC lot
    View details
    14618 State Hwy 240th W
    BAR, TAVERN

    14618 State Hwy 240th W, Electra, TX 76360-4600

    Value Estimation by Request
    5,052 sqft 2.00 AC lot
    View details
    200 Bailey St
    RESTAURANT

    200 Bailey St, Electra, TX 76360-2003

    Value Estimation by Request
    1,440 sqft 0.32 AC lot
    View details
    804 Us Hwy 287
    RESTAURANT

    804 Us Hwy 287, Electra, TX 76360-1400

    Value Estimation by Request
    2,940 sqft 2.80 AC lot
    View details
    600 Bailey St
    RESTAURANT

    600 Bailey St, Electra, TX 76360-2841

    Value Estimation by Request
    3,054 sqft 0.22 AC lot
    View details
    1298 Bailey St
    DRIVE-THRU RESTAURANT, FAST FOOD

    1298 Bailey St, Electra, TX 76360-1500

    Value Estimation by Request
    1,417 sqft 0.78 AC lot
    View details
    1838 Ave D D
    BAR, TAVERN

    1838 Ave D D, Electra, TX 76360

    Value Estimation by Request
    5,814 sqft 2.10 AC lot
    View details

    Electra, TX Restaurants Market Trends and Statistics

    Explore 10 restaurants for sale in Electra, TX on our real estate platform. These investment opportunities span a total of 1,417 square feet of properties for sale, with an estimated market value of $395,000.

    Sale prices for restaurant properties in Electra, TX average $395,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Drive through restaurants 1

    Demographics Overview

    Population 2,692
    Population Growth (5Y) -23.8%
    Median Household Income $66,050
    College Educated 21.6%

    Taxes & Financing

    Tax Rate (average for all types) 2.12%
    Property Tax per SF $43.16 per SF
    Tax Rate vs County Average 0.38 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wichita County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Wichita County

    Retail

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