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    204 Tom Gill Rd Penitas, TX 78576

    For Sale
    $1,200,000

    Commercial - Penitas, TX

    Property size:
    3,182 SF
    Lot size:
    0.51 Acres
    Days on Market:
    83
    Last Refresh:
    Dec 10 at 2:06 am

    Property Features for 204 Tom Gill Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C
    APN
    B215702000000300
    Parking
    20
    Parking features
    Paved or Surfaced
    Size
    3,182 SF
    Lot size
    0.51 Acres

    Utilities

    Heating system
    Central, Electric (Heating), Propane (Heating)

    Building Details

    Year built
    2000
    Architectural style
    Other

    RGV Venture Capital, LP d/b/a Keller Williams Realty - RGV (956) 566-8377 [email protected]

    Listing agent Lisa Salinas (956) 928-1155

    Listing date Sep 19, 2025

    MLS# 481320 Listing URL

    Copyright © 2025 Greater McAllen 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.

    Overview

    Turnkey Restaurant in Growing Area

    This established restaurant building offers a turnkey operation in a thriving and fast-growing area. The property benefits from strong daily traffic and is anchored by national retailers and major brand neighbors. The sale includes all kitchen equipment, furnishings, fixtures, and decor, allowing for immediate operation. The building provides generous square footage designed to accommodate dine-in service, a bar/lounge area, and take-out options. Customer access is convenient, with ample on-site and shared parking spaces. Located in Penitas, Texas, in a corridor experiencing rapid residential and commercial development, this property offers the potential to capture long-term value. The property is situated on a lot of 0.5071 acres and the building size is 3182 square feet. The zoning is C. This restaurant is positioned for success with all equipment and infrastructure included.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Penitas
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.445278
    Latitude
    26.245617

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    FAQs

    What type of property is this?
    Restaurant - Established restaurant with equipment in a rapidly developing location.
    Where is this restaurant located?
    The property is located at 204 Tom Gill Rd Penitas, TX.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Turnkey restaurant operation: Includes all kitchen equipment, furnishings, fixtures, and décor.; - Located in a fast-growing area with strong daily traffic and national retailer anchors.; - Generous square footage suitable for dine-in, bar/lounge, and take-out services.
    (956) 928-1155
    Request Owner's contact information
    204 Tom Gill Rd Penitas, TX 78576
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    Penitas, TX 78576
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    204 Tom Gill Rd Penitas, TX 78576
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