7907 82Nd StWolfforth, TX 79382

Property Details for 7907 82Nd St

Year built

2005

Lot size

0.93 AC

Property size (Sq ft)

2,759 SF

Property type

Turn key restaurants

APN

R304444

APU

R304444

Description

This exceptional 2,759 square foot restaurant property, located at 7907 82nd Street in Wolfforth, Texas, presents a unique investment opportunity. Situated on a substantial 40,688 square foot lot (nearly an acre), this single-tenant building boasts excellent visibility and a convenient drive-thru lane. Originally constructed in 2005 for a Pizza Hut franchise, the current tenant will be vacating at the end of 2024, opening the door for a variety of possibilities. The property's prime location in Wolfforth, TX, zip code 79382, makes it ideal for redevelopment or for a second-generation quick-service restaurant operator. The ample lot size offers significant potential for expansion or modification to suit a new tenant's specific needs. The APN is R304444. This is a rare chance to acquire a well-positioned commercial property in a thriving Texas community. The property's existing infrastructure and high visibility make it an attractive proposition for both investors and business owners seeking a turnkey location. Don't miss this opportunity to secure a valuable asset in a rapidly growing market.

• CAP approach

  CAP return

  Valuation

  6%

  $601,704

  6.5%

  $555,419

  7%

  $515,746

• Comparable approach

  Method

  Valuation

  Relative Method

  $620,292

  Geo Method

  $836,546

• Alternative Use

  Use

  Valuation

  Residential

  $468,516

  Hospitality

  $429,159

  Educational

  $357,055

  Medical

  $369,335

  Retail

  $555,419

Location Insight

City

Wolfforth

County

Lubbock

State

Texas

Latitude

33.5192

Longitude

-101.993

CBSA code

31180

CBSA name

LUBBOCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].