918 W Plantation Dr
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918 W Plantation Dr
4,131 SF Retail Building Clute, TX 77531 $1,350,000 ($327/SF)
Investment Highlights
- Heavy daytime traffic
- Fully equipped and operating
- Located on main avenue of Clute Tx
- Established clientele
Executive Summary
With a unique business opportunity, this brick & stucco structure has been fully equipped and operating as a restaurant since 2011. It is an ideal property for those seeking to enter the food industry as it is located on the main avenue of Clute TX, and just minutes from Lake Jackson, Rosharon, Freeport, Richwood, Angleton and Santa Fe. Menu and clientele are well established. The restaurant's legacy will be preserved through a seamless transition into ownership. In relation to real estate, it has a higher value. Contact me today for more information!
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$836,481
|
$202.49
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$627,736
|
$151.96
|
| Net Operating Income |
$208,745
|
$50.53
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $836,481 |
| Annual Per SF | $202.49 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $627,736 |
| Annual Per SF | $151.96 |
| Net Operating Income | |
|---|---|
| Annual | $208,745 |
| Annual Per SF | $50.53 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,131 SF
Building Class
C
Year Built
2011
Price
$1,350,000
Price Per SF
$327
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.60 AC
Zoning
F1
Parking
34 Spaces (8.23 Spaces per 1,000 SF Leased)
Amenities
- Restaurant
- Signage
- Wheelchair Accessible
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 8126-0008-000 | Improvements Assessment | $925,550 |
| Land Assessment | $78,450 | Total Assessment | $1,004,000 |
PROPERTY TAXES
Parcel Number
8126-0008-000
Land Assessment
$78,450
Improvements Assessment
$925,550
Total Assessment
$1,004,000
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