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

> **TL;DR:** commercial, $745,000 ($20/sqft), built 1970, 37,030 sqft. Est. $3,228/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $745,000 |
| Price/sqft | $20 |
| Square Feet | 37,030 |
| Year Built | 1970 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,228 |
| **Total** | **$3,228** |

## Property Highlights

- Built in 1970

## Description

### Agent 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.

## Location

- **Address:** 520 SE 24TH Avenue, Perryton, TX 79070-5204
- **County:** Ochlitree
- **Coordinates:** 36.376419, -100.796738
- **Google Maps:** https://www.google.com/maps?q=36.376419,-100.796738

## Listing Agent

- **Name:** Kirk Chudej
- **Brokerage:** FIMC Commercial Realty
- **Phone:** (806) 358-7151

## Primary Photo

![520 SE 24TH Avenue - Primary Photo](http://lh.rdcpix.com/557fc767f9285984f785f4aa0318e6a2l-f1816367119r.jpg)

*38 total photos available on [listing page](https://www.propertysimple.com/listing/520-se-24th-avenue-perryton-tx-79070-5204-263231)*

---

**MLS#:** 26-3231 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/520-se-24th-avenue-perryton-tx-79070-5204-263231)

---

## Structured Data

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  "@type": "RealEstateListing",
  "name": "520 SE 24TH Avenue, Perryton, TX 79070-5204",
  "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,",
  "url": "https://www.propertysimple.com/listing/520-se-24th-avenue-perryton-tx-79070-5204-263231",
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  "datePosted": "2026-06-18",
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```