Drive-Through Restaurant with
New
For Sale
$800,000
103 N 9th N, Alamo, TX 78537
A restaurant setup includes a drive-through window, dining furniture, and kitchen equipment.
Property Size4,420 SF
Lot Size0.35 Acres
Price / SF$180
Days on Market4
Property Features for 103 N 9th N
General Information
Standard status
Active
Size
4,420 SF
Lot size
0.35 Acres
Property subtype
Commercial
Site & Location
Drive-Thru
Yes
Highway Access
Yes
Additional Details
Furnished
Yes
Equipment Included
Yes
Building Details
Year Built
1976
Listing Agency:
Keller Williams Realty Rgv
Listed By:
Daniel Medrano · License #801072355
(956) 588-6843
Source:
Tnt
Added: Oct 12
Changed: Oct 13
Last Checked: Oct 14 at 8:20PM
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 Keller Williams Realty Rgv
Investment Insights
Based on property information with market context.
At 103 N 9th Street N in Alamo, this drive-through restaurant property includes a window for vehicle service, tables, chairs, and kitchen equipment. The approximately 0.35-acre site also has on-site parking, and the included furnishings and equipment support continued restaurant operation.
The property is just off Business 83. An adjoining portion of the lot may be retained in its current state or used for new development.
The property is just off Business 83. An adjoining portion of the lot may be retained in its current state or used for new development.
Key Highlights
- Restaurant property with a drive‑through window
- Tables, chairs, and kitchen equipment are included
- Approximately 0.35 acres with on‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,146
Cap Rate
8.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,282,920
$1.3M
Cap Rate 7%
$916,371
$916.4K
Cap Rate 9%
$712,733
$712.7K
Market Conditions
NOI Build-Up for 4,420 SF
Gross rent
$90.7K $20.52/SF
− Vacancy
−$5.2K −$1.17/SF
EGI
$85.5K $19.35/SF
− OpEx
−$21.4K −$4.84/SF
NOI
$64.1K $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%
$1,282,920
Cap Rate 7%
$916,371
Cap Rate 9%
$712,733
Alternative Uses
Best Use
Specialty Retail
$916.4K
$801.8K – $1.07M
NOI $64,146 @ 7.0% cap · market cap 8.02%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$3.33M
$2.91M – $3.88M
NOI $233,045 @ 7.0% cap · market cap 29.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
810
Businesses Nearby
210k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Groceries 40%
Shops & Services 15%
Electronics 2%
H-E-B
Groceries
84,926 visits/mo
0.5 miles
Whataburger
Dining
31,374 visits/mo
0.4 miles
Dutch Bros. Coffee
Dining
15,597 visits/mo
0.4 miles
Church's Chicken
Dining
12,716 visits/mo
0.4 miles
Little Caesars Pizza
Dining
9,434 visits/mo
0.4 miles
Demographics for 78537, TX
51,962
Population
16,683
Households
3.1
Avg Household Size
28
Median Age
10%
College-Educated
54%
High-School Grad
57.6 sq mi
ZIP Area
902
Density / Sq Mi
$36,331
Median Household Income
$20,354
Median Earnings
$744
Median Rent
$74,700
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?
Drive through restaurant - A restaurant setup includes a drive-through window, dining furniture, and kitchen equipment.
Where is this drive through restaurant located?
The property is located at 103 N 9th N Alamo, TX.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Restaurant property with a drive‑through window; Tables, chairs, and kitchen equipment are included; Approximately 0.35 acres with on‑site parking
