Leased Restaurant with
1037 W Duranta Avenue, Alamo, TX 78516
For Sale
$975,000
Commercial Sale, Alamo, TX
Property Size4,622 SF
Lot Size0.52 Acres
Price / SF$210.95
Days on Market140
Property Features for 1037 W Duranta Avenue
General Information
Property type
Property subtype
Zoning
Parking
Appliances
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Cooling system
Building Details
Year built
Floors in Building
Building materials
Roof type
Listing Agency:
RE/MAX Platinum · RE/MAX International
(956) 668-8555
Listed By:
Marco Britschka
(956) 313-8511
Added: Jun 24
Changed: Oct 28
Last Checked: Nov 10 at 9:06PM
MLS# 493244
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.
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Investment Insights
Based on property information with market context.
This commercial property combines a fully leased restaurant with drive-through capability and a retail store. Three food trucks are included in the sale, with two currently leased. The improvements were built in 2005 and feature stucco construction, a metal roof, central heating, central air, and an electric water heater. The property is zoned CO.
Located at 1037 W Duranta Avenue in Alamo, the site is positioned just off Alamo Rd and one block from the expressway. The sale encompasses three properties identified in the legal descriptions, supporting the restaurant, retail, and food-truck components within the offering.
Located at 1037 W Duranta Avenue in Alamo, the site is positioned just off Alamo Rd and one block from the expressway. The sale encompasses three properties identified in the legal descriptions, supporting the restaurant, retail, and food-truck components within the offering.
Key Highlights
- Fully leased restaurant with drive‑through capability
- Retail store included in the offering
- Three food trucks convey with the sale
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
Office A
$1.63M
$1.42M – $1.90M
NOI $113,812 @ 7.0% cap · market cap 11.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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
Under-served
Demand for This Use
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
$102,900
Median Home Value
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Market
Average Price Trend$/SF for Conventional restaurants in Hidalgo County, TX
Properties on Market for Conventional restaurants in Hidalgo County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant and retail improvements include a drive-through, three conveying food trucks, and central heating and cooling.
Where is this conventional restaurant 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 drive‑through capability; Retail store included in the offering; Three food trucks convey with the sale
