2915 Market StBaytown, TX 77520

Property Details for 2915 Market St

Year built

1976

Construction

WOOD FRAME

Lot size

0.22 AC

Property size (Sq ft)

2,274 SF

Property type

Drive through restaurants

APN

591180000001

APU

591180000001

Description

This exceptional turnkey restaurant opportunity is located at 2915 Market Street in Baytown, Texas, within Harris County, zip code 77520. The property boasts a spacious 1,900 square feet of interior space, perfectly suited for a thriving culinary establishment. Built in 1976, the single-story building sits on a generous 9,400 square foot lot, offering ample room for outdoor seating or expansion. The asking price for this established restaurant is $499,000. The property's prime location ensures high visibility and accessibility for customers. This is a rare chance to acquire a well-established restaurant in a bustling area, ready for immediate operation or customization to suit your vision. The property is categorized as retail, specifically a restaurant, and presents a strong investment prospect. Its single-building structure simplifies management and maintenance. The substantial lot size provides flexibility for future development or outdoor enhancements. This is an excellent opportunity for an experienced restaurateur or a savvy investor looking for a profitable venture in a thriving Texas market. The property's address is easily accessible and situated in a high-traffic area, ensuring consistent customer flow. This turnkey operation offers immediate revenue potential with minimal upfront investment beyond the purchase price.

• CAP approach

  CAP return

  Valuation

  6%

  $684,607

  6.5%

  $631,945

  7%

  $586,806

• Comparable approach

  Method

  Valuation

  Relative Method

  $847,018

  Geo Method

  $1,715,648

• Alternative Use

  Use

  Valuation

  Residential

  $533,069

  Hospitality

  $488,288

  Educational

  $406,250

  Medical

  $420,222

  Retail

  $631,945

Location Insight

City

Baytown

County

Harris

State

Texas

Latitude

29.728

Longitude

-95.0035

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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