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    Penitas, TX Conventional Restaurants for Sale

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    La Joya, TX Palmview, TX Mission, TX
    Established Restaurant in Growing Area
    $900,000
    3,182 SF
    Established Restaurant in Growing Area

    204 Tom Gill Road, Penitas, TX 78576

    Turnkey restaurant in Penitas, TX, with owner financing.
    • Turnkey restaurant operation in a fast‑growing area with strong traffic.
    • Anchored by national retailers and major brand neighbors.
    • Generous square footage for dine‑in, bar/lounge, and take‑out.
    • Ample on‑site and shared parking.
    • Located in a corridor experiencing rapid residential and commercial development.
    Updated: Mar 13
    View details
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Penitas, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Downtown McAllen Entertainment District Property
    $659,000
    Downtown McAllen Entertainment District Property

    Versatile property in McAllen's dynamic redevelopment corridor.

    312 S 17th Street, Mcallen, TX 78501

    View details
    High-Profile Restaurant and Event Venue
    $5,850,000
    26,500 SF
    High-Profile Restaurant and Event Venue

    Two-story restaurant/event venue built in 2016 with ample parking.

    5112 W Expressway 83, Mcallen, TX 78501

    View details
    Olive Garden NNN Ground Lease
    $3,368,000
    7,805 SF
    Olive Garden NNN Ground Lease

    High-performing Olive Garden with long-term ground lease in Mission, TX.

    1405 E Expressway 83, Mission, TX 78572, Mission, TX 78572

    View details
    Retail Property with Income Potential
    $1,750,000
    8,100 SF
    Retail Property with Income Potential

    Retail property with apartment, deli, and trailer income potential.

    5605 W Mile 3 Rd, Mission, TX 78574

    View details

    Penitas, TX Conventional Restaurants Investment Opportunities Market Analysis

    Explore 1 conventional restaurants 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 conventional restaurants in Penitas, TX start at $900,000, averaging $900,000, and reaching up to $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

    Drive through restaurants 2
    Conventional restaurants 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Penitas submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    78576 $900K

    Taxes & Financing

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

    Listings Trend

    Total CRE Area on Market Trend

    Average Price per SF — Retail

    Average Price per SF — Office

    Average Price per SF — Residential Income

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