1920 Dumas AveDumas, TX 79029

  • Commercial real estate
  • 0.82 AC
For Lease
$45/SF/YR View listing

Property Details for 1920 Dumas Ave

Lot size
0.82 AC
Property type
Commercial real estate
APN
176053
APU
176053

Description

This 2,376 square foot freestanding restaurant building is located on South Dumas Avenue (Highway 287) in Moore County, boasting excellent visibility and accessibility. Built in 2022, the property sits on a spacious 35,606 square foot lot and offers ample parking for customers. The building is designed for restaurant use, featuring a pre-installed hood vent and grease trap, simplifying the setup for new tenants. A prominent pylon sign ensures high visibility from the road. Traffic counts from the Texas Department of Transportation (TXDOT) indicate a daily traffic volume of 12,422 vehicles, providing significant potential for customer traffic. The property is a single-tenant building, offering a unique opportunity for a restaurant operator seeking a prime location with existing infrastructure. The drive-thru availability further enhances the property's appeal and operational efficiency. This is an exceptional opportunity for a restaurant seeking a high-traffic location with all the necessary infrastructure already in place. The property's modern construction and strategic location make it an ideal investment for a thriving food service business.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,782,999
    Hospitality
    $5,297,196
    Educational
    $4,407,204
    Medical
    $4,558,776
    Retail
    $6,855,652

Location Insight

City
Dumas
County
Moore
State
Texas
Latitude
35.8419
Longitude
-101.974
CBSA code
20300
CBSA name
DUMAS, TX MICROPOLITAN STATISTICAL AREA

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
2022
$254
$86,040
$389,745
$475,785
-
$86,040
$389,745
$475,785

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