Food Truck Retail
New
For Sale
$1,200,000
101 Alta Street, San Juan, TX 78589
The property is leased and operates as a food truck park.
Property Size2,976 SF
Price / SF$403.23
Days on Market3
Property Features for 101 Alta Street
General Information
Standard status
Active
Size
2,976 SF
Occupancy
100%
Additional Details
Gross Income
$72,000
Corner Location
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$10,462
Amenities
Granite,Tile,Vinyl
true
900
150
HidalgoCAD
Major Shopping Mall
26992.8252
48
0.6197
Handicap,Other,Paved
Paved Road
City Street
2976
false
Building Details
Building Size
2,976 SF
Year Built
2022
Stories
1
Listing Agency:
BIG Realty
(956) 539-7317
Listed By:
Cascia Diaz
Source:
Cncrealtyrgv
Added: Oct 30
Changed: Oct 31
Last Checked: Oct 31 at 3:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BIG Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2022, this retail property is identified as a food truck park. The property is leased for a three-year term.
The site occupies the corner of Raul Longoria and Alta Street in San Juan, between 495 and Sioux Road.
The site occupies the corner of Raul Longoria and Alta Street in San Juan, between 495 and Sioux Road.
Key Highlights
- Food truck park use
- Leased for a three‑year term
- Corner location at Raul Longoria and Alta Street in San Juan
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,182
Cap Rate
3.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$803,640
$803.6K
Cap Rate 7%
$574,029
$574.0K
Cap Rate 9%
$446,467
$446.5K
Market Conditions
NOI Build-Up for 2,976 SF
Gross rent
$61.1K $20.52/SF
− Vacancy
−$3.7K −$1.23/SF
EGI
$57.4K $19.29/SF
− OpEx
−$17.2K −$5.79/SF
NOI
$40.2K $13.50/SF
Area
Hidalgo County, TX
Vacancy
6.00%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$803,640
Cap Rate 7%
$574,029
Cap Rate 9%
$446,467
Alternative Uses
Best Use
Retail
$574.0K
$502.3K – $669.7K
NOI $40,182 @ 7.0% cap · market cap 3.35%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$2.24M
$1.96M – $2.62M
NOI $156,910 @ 7.0% cap · market cap 13.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
336
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 78589, TX
38,987
Population
12,393
Households
3.1
Avg Household Size
32
Median Age
13%
College-Educated
62%
High-School Grad
25.5 sq mi
ZIP Area
1,529
Density / Sq Mi
$51,662
Median Household Income
$27,679
Median Earnings
$926
Median Rent
$112,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - The property is leased and operates as a food truck park.
Where is this shopping center located?
The property is located at 101 Alta Street San Juan, 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: Food truck park use; Leased for a three‑year term; Corner location at Raul Longoria and Alta Street in San Juan
