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    Penitas, TX
    Bar & Pub

    Penitas, TX Bars & Pubs for Sale

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    La Joya, TX Mission, TX Palmview, TX Sullivan City, TX Edinburg, TX Palmhurst, TX Mcallen, TX Alton, TX
    Turnkey Restaurant and Bar Building
    Updated: Mar 13
    Turnkey Restaurant and Bar Building

    204 Tom Gill Road, Penitas, TX 78576

    $900,000
    3,182 sqft 0.51 AC lot
    Year built: 2000
    Flat roof
    Central air cooling with electric system
    Heating includes central, electric, and propane (heating)
    Electric water heater included
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    This listing looks promising.

    Here's a quick look at some key insights for

    204 Tom Gill Road, Penitas, TX 78576

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    • Est. Cap Rate

      5.1%
      NOI ÷ price

    • Est. NOI

      $46K
      Annual

    • Price @ 7% Cap

      $660K
      Suggested

    • Property Type

      Restaurant
      Built 2000
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Penitas, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turn-Key Restaurant Building
    Turn-Key Restaurant Building

    200 S 17th Street, Mcallen, TX 78501

    $550,000
    8,253 sqft 0.13 AC lot

    Totally remodeled historic building with restaurant kitchen upgrades, central A/C, fire sprinklers, and a leased operating business.

    View details
    Turnkey Bar and Pub Opportunity
    Turnkey Bar and Pub Opportunity

    4001 S Shary Road, Mission, TX 78572

    Contact for pricing
    3,000 sqft

    Fully operational bar offered with all interior inventory, equipment, furniture, fixtures, and décor included in the sale.

    View details
    Remodeled Restaurant Bar
    Remodeled Restaurant Bar

    2013 W Nolana Avenue, Mcallen, TX 78504

    Contact for pricing

    Remodeled restaurant/bar on W Nolana with a fully equipped kitchen and included dining and entertainment items.

    View details
    Office and Bar Restaurant Space
    Office and Bar Restaurant Space

    515 N Conway Ave, Mission, TX 78572

    Contact for pricing

    Daytime office use transitions to evening bar and restaurant operations at 515 N Conway Ave in Mission, TX.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Next to Hotel
    Commercial Land Next to Hotel

    1002 S Padre Island Drive, Corpus Christi, TX 78416

    $949,560
    1.45 AC lot

    Platted 1.45-acre lot ideal for various commercial uses.

    View details
    Downtown Character District Development Land
    Downtown Character District Development Land

    209 Cheatham Street, San Marcos, TX 78666

    $625,000
    0.46 AC lot

    Two combined lots totaling about 0.65 acres are zoned CD-5D with utilities available and site infrastructure in place.

    View details
    Main Street Commercial Land
    Main Street Commercial Land

    303 Main St, Smithville, TX 78957

    $400,000

    Commercial land for sale in Smithville's Central Business District.

    View details
    Killeen Commercial Corner Lot
    Killeen Commercial Corner Lot

    1310 S Fort Hood Street, Killeen, TX 76542

    $595,000
    37,374 sqft 0.86 AC lot

    Corner lot with utilities and great access in Killeen.

    View details

    Penitas, TX Bars & Pubs Market Trends and Statistics

    Explore 1 bars & pubs for sale in Penitas, TX on our real estate platform. These investment opportunities span a total of 3,182 square feet of properties for sale, with an estimated market value of $900,000.

    Sale prices for pubs in Penitas, TX average $900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Drive through restaurants 4
    Conventional restaurants 2
    Bars & Pubs 1

    Demographics Overview

    Population 14K
    Population Growth (5Y) +26.7%
    Median Household Income $48,205
    College Educated 8.6%

    Taxes & Financing

    Tax Rate (average for all types) 2.50%
    Property Tax per SF $63.66 per SF
    Tax Rate vs County Average 0.14 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hidalgo County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Hidalgo County

    Retail

    Office

    Residential Income

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