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Food Truck Park Property
New
For Sale
$1,200,000

101 Alta Street, San Juan, TX 78589

Commercial Sale, San Juan, TX

Property Size2,976 SF
Lot Size0.62 Acres
Price / SF$403.23
Days on Market3

Property Features for 101 Alta Street

General Information

Property type Commercial Sale
Property subtype Other
Parking 48
Parking features Special Needs
Appliances Water Heater (Other)
Subdivision Small #2
Lot features Major Shopping Mall
Directions right on the corner of busy Raul Longoria and Alta St. in San Juan. Between 495 and Sioux Road
Standard status Active
APN S3675000040
Size 2,976 SF
Lot size 0.62 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 10462

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 2022
Floors in Building 1
Building materials Stucco
Listing Agency: BIG Realty
Listed By: Jorge Meza
Added: Oct 5 Last Checked: Oct 7 at 3:06PM
MLS# 517118

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This restaurant-oriented property is configured as a food truck park on 0.6197 acres, with 2,976 square feet of property area. Built in 2022, it has stucco construction, central heating and central air conditioning, and a water heater. Special-needs parking is listed among the site features.

The property is located at the corner of Alta Street and Raul Longoria Road in San Juan, between 495 and Sioux Road. The reported lease term is three years.

Key Highlights

  • Food truck park on 0.6197 acres
  • 2,976 square feet of property area
  • Built in 2022

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,190
Cap Rate
3.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$863,800 $863.8K
Cap Rate 7%
$617,000 $617.0K
Cap Rate 9%
$479,889 $479.9K
Market Conditions
NOI Build-Up for 2,976 SF
Gross rent
$61.1K $20.52/SF
− Vacancy
−$3.5K −$1.17/SF
EGI
$57.6K $19.35/SF
− OpEx
−$14.4K −$4.84/SF
NOI
$43.2K $14.51/SF
Area
Hidalgo County, TX
Vacancy
5.70%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$863,800
Cap Rate 7%
$617,000
Cap Rate 9%
$479,889

Alternative Uses

Best Use
Specialty Retail
$617.0K
$539.9K – $719.8K (±1% cap)
NOI $43,190 @ 7.0% cap · market cap 3.60%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$2.24M
$1.96M – $2.62M (±1% cap)
NOI $156,910 @ 7.0% cap · market cap 13.08%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Storage Facility Gym & Fitness Center Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

487
Businesses Nearby
Under-served
Demand for This Use

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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - The site occupies a corner at Alta Street and Raul Longoria Road in San Juan.
Where is this conventional restaurant 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 on 0.6197 acres; 2,976 square feet of property area; Built in 2022
More about this property
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