Turn-Key Restaurant with Covered
For Sale
$1,499,000
1015 S International Boulevard Weslaco, Weslaco, TX 78596
Turn-key restaurant with a fully equipped kitchen, air conditioning, and outdoor covered seating on International Boulevard.
Property Size3,100 SF
Lot Size1.64 Acres
Price / SF$483.55
Days on Market28
Property Features for 1015 S International Boulevard Weslaco
General Information
Standard status
Active
Size
3,100 SF
Total Parking Spaces
40
Lot size
1.64 Acres
Zoning
CO
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$10,195
Amenities
Hardwood,Tile
true
3100
420
HidalgoCAD
1.64
40
Handicap,Paved
Paved Road
Storage
City Street,FM Road
false
Building Details
Building Size
3,100 SF
Year Built
2016
Stories
1
Listing Agency:
(956) 625-0050
Listed By:
Jacob Torres
(956) 625-0050
Source:
Goldenvalley-realestate
Added: Jul 13
Changed: Aug 8
Last Checked: Aug 9 at 4:51AM
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 Jacob Torres
Investment Insights
Based on property information with market context.
This turn-key restaurant is set up for immediate operation, featuring a fully equipped commercial kitchen and a restaurant finish-out designed for a warm dining experience. The building is fully air-conditioned for year-round guest comfort, and the property includes outdoor covered seating plus a dedicated outdoor entertainment venue for events.
The site is located along a heavily traveled corridor on 1.64 acres with approximately 223 feet of frontage along 5-lane International Boulevard (FM 1015), providing straightforward ingress and egress and strong visibility to passing traffic.
For operators looking for a functioning foodservice concept, the combination of indoor capacity, established kitchen improvements, and outdoor event space supports continued restaurant use on a high-exposure frontage site.
The site is located along a heavily traveled corridor on 1.64 acres with approximately 223 feet of frontage along 5-lane International Boulevard (FM 1015), providing straightforward ingress and egress and strong visibility to passing traffic.
For operators looking for a functioning foodservice concept, the combination of indoor capacity, established kitchen improvements, and outdoor event space supports continued restaurant use on a high-exposure frontage site.
Key Highlights
- Turn‑key restaurant on 1.64 acres with 40 covered parking spaces and paved, handicap‑accessible parking
- Approximately 223 ft of frontage along International Boulevard (FM 1015)
- Facility includes a fully equipped commercial kitchen and restaurant finish‑out
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$44,990
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.00%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$899,800
$899.8K
Cap Rate 7%
$642,714
$642.7K
Cap Rate 9%
$499,889
$499.9K
Market Conditions
NOI Build-Up for 3,100 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$63.6K $20.52/SF
− Vacancy
−$3.6K −$1.17/SF
EGI
$60.0K $19.35/SF
− OpEx
−$15.0K −$4.84/SF
NOI
$45.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$899,800
Cap Rate 7%
$642,714
Cap Rate 9%
$499,889
Alternative Uses
Best Use
Specialty Retail
$642.7K
$562.4K – $749.8K
NOI $44,990 @ 7.0% cap · market cap 3.00%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$2.33M
$2.04M – $2.72M
NOI $163,448 @ 7.0% cap · market cap 10.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
175
Businesses Nearby
29k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 65%
Shops & Services 35%
La Michoacana Meat Market
Groceries
18,673 visits/mo
0.5 miles
Dollar General
Shops & Services
10,140 visits/mo
0.1 miles
Demographics for 78596, TX
37,329
Population
15,824
Households
2.4
Avg Household Size
36
Median Age
21%
College-Educated
75%
High-School Grad
40.1 sq mi
ZIP Area
931
Density / Sq Mi
$53,797
Median Household Income
$31,618
Median Earnings
$917
Median Rent
$92,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turn-key restaurant with a fully equipped kitchen, air conditioning, and outdoor covered seating on International Boulevard.
Where is this conventional restaurant located?
The property is located at 1015 S International Boulevard Weslaco Weslaco, TX.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Turn‑key restaurant on 1.64 acres with 40 covered parking spaces and paved, handicap‑accessible parking; Approximately 223 ft of frontage along International Boulevard (FM 1015); Facility includes a fully equipped commercial kitchen and restaurant finish‑out
