$625,000
( $16.88Per Sq Foot )
$3,355 est/mo Sourced by Back At You520 SE 24th Avenue,Perryton, TX 79070
Perryton, TX 79070
Description
Broken Horn Steakhouse is positioned as a full-service steakhouse and event-oriented hospitality asset in Perryton, Texas. Based on the deal inputs previously provided, the offering is underwritten on an illustrative real estate price basis of $650,000 and trailing net operating income of approximately $71,000. On that basis, the implied real estate cap rate is approximately 10.9%, creating a compelling yield profile for investors seeking a small-market hospitality asset with in-place cash flow, owner-operator appeal, and potential upside through food and beverage optimization, events, and operating efficiencies. Business and Real Estate sold together.
Details
| Listing Number | 26-3231 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1970 |
| Days On Site | 176 |
| Listing Provided By | FIMC Commercial Realty | Kirk Chudej |
Features
| SQ Feet | 37,030 |
|---|---|
| Zoning | 7000 - All areas in the 7000's |
Area Information
| State | TX |
|---|---|
| County | Ochlitree |
| City | Perryton |
| Zip Code | 79070 |
| Area | Perryton |
| Subarea | Perryton |
| Listing VS Median (in 79070) | |
Price: $625,000 low | high Med: $170,000 sqft: 37,030 low | high Med: 2,356 $ / sqft: $17 low | high Med: $72 On site: 176 low | high Med: 93 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Ochlitree |
| City | Perryton |
| Zip Code | 79070 |
| Area | Perryton |
| Subarea | Perryton |
| Listing VS Median (in 79070) | |
Price: $625,000 low | high Med: $170,000 sqft: 37,030 low | high Med: 2,356 $ / sqft: $17 low | high Med: $72 On site: 176 low | high Med: 93 | |
Listing Updated: September 28, 2026 at 7:30:48 PM PDT