520 SE 24TH Avenue, Perryton, TX 79070-5204

Other
NZD $1,123,818
USD $625,000
Published on: 19 Apr 2026
Last updated on: 09 Oct 2026
520 SE 24TH Avenue, Perryton, TX 79070-5204
520 SE 24TH Avenue, Perryton, TX 79070-5204
520 SE 24TH Avenue, Perryton, TX 79070-5204
+38
520 SE 24TH Avenue, Perryton, TX 79070-5204
  • 38
Property ID: 110107404315
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Commercial Sale, Perryton, TX

520 SE 24TH Avenue, Perryton, TX 79070-5204
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.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Building Size
3,440.20 m2
Year Built
1970
County
Ochlitree
Provider
Amarillo Association of REALTORS
Brokerage Office Name
FIMC Commercial Realty
Brokerage Office Phone
(806) 358-7151
Neighbourhoods
7230 - Perryton
Address
520 SE 24TH Avenue, Perryton, TX 79070-5204
Contact Agent
Kirk Chudej
FIMC Commercial Realty
1619 S Tyler , AMARILLO, TX 79102
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Kirk Chudej
1619 S Tyler , AMARILLO, TX 79102
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      Property ID: 110107404315

      Original Property ID: 3yd-AARTX-26-3231
      Data provided by Amarillo Association of REALTORS, MLS #: 26-3231
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      Copyright © 2026 Amarillo Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.