Drive-Through
New
For Sale
$800,000
103 N 9th Street N, Alamo, TX 78537
Commercial Sale, Alamo, TX
Property Size4,420 SF
Lot Size0.35 Acres
Price / SF$180
Days on Market3
Property Features for 103 N 9th Street N
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
20
Parking features
Off Street
Security features
Security System
Appliances
Electric Water Heater
Subdivision
Alamo Townsite
Directions
Driving east on Expressway 83, exit Alamo Rd and continue to south until getting to Business 83. Turn left and drive until reaching 9th St., where you will turn left again. Property will be near intersection.
Standard status
Active
APN
A210000030001010
Size
4,420 SF
Lot size
0.35 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
7737
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1976
Floors in Building
1
Building materials
Stucco
Roof type
Metal, Built-Up
Listing Agency:
Keller Williams Realty RGV
(956) 928-1155
Listed By:
Joyce Toombs
(956) 566-8377
Added: Oct 11
Last Checked: Oct 13 at 4:06PM
MLS# 517510
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.
Located at 103 N 9th Street N in Alamo, this restaurant property contains 4,420 square feet on approximately 0.35 acres. A drive-thru window and off-street parking serve the site, while tables, chairs, and kitchen equipment are included. The building was constructed in 1976 and has stucco exterior walls, central heating and air conditioning, and a metal and built-up roof.
The property is just off Business 83. Its existing restaurant features include the drive-thru window, dining furniture, and kitchen equipment.
The property is just off Business 83. Its existing restaurant features include the drive-thru window, dining furniture, and kitchen equipment.
Key Highlights
- 4,420‑square‑foot restaurant building on 0.35 acres
- Drive‑thru window
- Tables, chairs, and kitchen equipment included
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
Under-served
Demand for This Use
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?
Restaurant - Food-service equipment, dining furniture, and off-street parking are included with the property.
Where is this restaurant located?
The property is located at 103 N 9th Street 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: 4,420‑square‑foot restaurant building on 0.35 acres; Drive‑thru window; Tables, chairs, and kitchen equipment included
