Mixed-Use Property with
New
For Sale
$975,000
1037 W Duranta Avenue, Alamo, TX 78516
A fully leased restaurant and a separate retail store are complemented by three food trucks included in the sale.
Property Size4,622 SF
Price / SF$210.95
Days on Market4
Property Features for 1037 W Duranta Avenue
General Information
Standard status
Active
Size
4,622 SF
Zoning
CO
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$11,446
Amenities
Tile
true
4266
HidalgoCAD
Downtown
22751.8236
30
0.5223
Paved
Other
City Street
4622
false
Building Details
Building Size
4,622 SF
Year Built
2005
Stories
1
Tenancy
Multi
Listing Agency:
(956) 539-7317
Listed By:
Cascia Diaz
Source:
Cncrealtyrgv
Added: Oct 30
Changed: Oct 31
Last Checked: Oct 31 at 3:30AM
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 Cascia Diaz
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Investment Insights
Based on property information with market context.
This mixed-use property combines a fully leased restaurant with a drive-through option and a retail store. Three food trucks convey with the sale; two are currently rented. The property encompasses three parcels and carries CO zoning.
The site is on W Duranta Avenue in Alamo, just off Alamo Road and one block from the expressway. The restaurant, retail component, and food trucks provide a mix of existing commercial uses.
The site is on W Duranta Avenue in Alamo, just off Alamo Road and one block from the expressway. The restaurant, retail component, and food trucks provide a mix of existing commercial uses.
Key Highlights
- Fully leased restaurant with a drive‑through option
- Separate retail store included
- Three food trucks convey; two are currently rented
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,078
Cap Rate
6.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,341,560
$1.3M
Cap Rate 7%
$958,257
$958.3K
Cap Rate 9%
$745,311
$745.3K
Market Conditions
NOI Build-Up for 4,622 SF
Gross rent
$94.8K $20.52/SF
− Vacancy
−$5.4K −$1.17/SF
EGI
$89.4K $19.35/SF
− OpEx
−$22.4K −$4.84/SF
NOI
$67.1K $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%
$1,341,560
Cap Rate 7%
$958,257
Cap Rate 9%
$745,311
Alternative Uses
Best Use
Specialty Retail
$958.3K
$838.5K – $1.12M
NOI $67,078 @ 7.0% cap · market cap 6.88%
Second Best
Retail
$891.5K
$780.1K – $1.04M
NOI $62,407 @ 7.0% cap · market cap 6.40%
Theoretical Best
Hotel Hospitality
$3.48M
$3.05M – $4.06M
NOI $243,695 @ 7.0% cap · market cap 24.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
779
Businesses Nearby
277k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 48%
Groceries 31%
Shops & Services 15%
Apparel 4%
H-E-B
Groceries
84,926 visits/mo
0.3 miles
McDonald's
Dining
47,070 visits/mo
0.2 miles
Whataburger
Dining
31,374 visits/mo
0.1 miles
Dutch Bros. Coffee
Dining
15,597 visits/mo
0.1 miles
Church's Chicken
Dining
12,716 visits/mo
0.1 miles
Demographics for 78516, TX
34,506
Population
12,469
Households
2.8
Avg Household Size
32
Median Age
12%
College-Educated
59%
High-School Grad
37.8 sq mi
ZIP Area
913
Density / Sq Mi
$51,547
Median Household Income
$26,908
Median Earnings
$743
Median Rent
$102,900
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
Frequently Asked Questions
What type of property is this?
Mixed-use property - A fully leased restaurant and a separate retail store are complemented by three food trucks included in the sale.
Where is this mixed-use property located?
The property is located at 1037 W Duranta Avenue Alamo, TX.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Fully leased restaurant with a drive‑through option; Separate retail store included; Three food trucks convey; two are currently rented
