1203 Goodnight BlvdWills Point, TX 75169

  • Commercial real estate
  • 7,324 SF
For Sale
$1,500,000 View listing

Property Details for 1203 Goodnight Blvd

Year built
1989
Lot size
0.43 AC
Property size (Sq ft)
7,324 SF
Property type
Commercial real estate
APN
084.0408.0058.0000.0000
APU
840408005800000000

Description

This exceptional commercial property, located at 1203 Goodnight Blvd in Wills Point, Texas, presents a unique investment opportunity. The 6,619 square foot building, constructed in 1980 and extensively renovated in 2023, sits on a prime location directly on Highway 80, ensuring high visibility and accessibility. Ideal for a restaurant or other retail ventures, the property boasts a charming and functional layout. Features include a spacious outdoor patio, a fully equipped bar with all necessary amenities, a large commercial kitchen ready for immediate use, multiple dining areas, and even a stage area perfect for live entertainment. A built-in waiters/buffet bar adds further convenience. The property's location in the thriving city of Wills Point within Van Zandt County (zip code 75169) offers significant potential for growth and success. This turnkey operation provides a rare combination of land, building, and fully functional restaurant equipment, representing a remarkable value for the discerning buyer. The property's blend of established infrastructure and modern updates makes it an attractive proposition for entrepreneurs seeking a ready-to-go establishment or a blank canvas for their culinary vision. The asking price is $1,500,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,846,195
    Hospitality
    $1,691,105
    Educational
    $1,406,980
    Medical
    $1,455,368
    Retail
    $2,188,635

Location Insight

City
Wills Point
County
Van Zandt
State
Texas
Latitude
32.702
Longitude
-95.9954

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,103
$105,520
$249,470
$354,990
-
$105,520
$249,470
$354,990

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