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    5112 Expressway 83 W McAllen, TX 78501

    For Sale
    $5,850,000

    Two-story restaurant/event venue with ample parking in prime location.

    Property size:
    26,500 SF

    Property Features for 5112 Expressway 83 W

    General Information

    Size
    26,500 SF

    Building Details

    Year built
    2016

    Source: Laura Liza Paz, SIOR Agent Laura Liza Paz, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    High-Profile Restaurant & Event Venue

    This two-story restaurant and event venue, constructed in 2016, is located at the corner of Expressway 83 (I-2) Frontage Rd. & Taylor Road, Mission, in a prime McAllen location. The steel-framed masonry property features a 26,500-square-foot second-floor space suitable for a restaurant, bar, or entertainment hub. Designed for high-volume business, the venue includes two full-service bars, a fully equipped kitchen, spacious dining areas, and restrooms. The facility has two elevators, one for patrons and one for service, as well as multiple stairwells. A ground-floor parking garage mirroring the upstairs footprint provides 180 parking spaces. Professional landscaping enhances the property's exterior. The location offers high traffic visibility, making it suitable for a restaurant, banquet hall, or nightlife hotspot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Rámon García Catering Maria Bonita, Ben & Jerry’s

    Location Insight

    • Map
    • Local Demand
    City
    McAllen
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.279548
    Latitude
    26.195422

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    FAQs

    What type of property is this?
    Restaurant - Two-story restaurant/event venue with ample parking in prime location.
    Where is this restaurant located?
    The property is located at 5112 Expressway 83 W McAllen, TX.
    What is the asking price?
    The asking price for this property is $5,850,000.
    What are key features of this property?
    This property features: - Expansive 26,500 sq ft second-floor space suitable for restaurant, bar, or entertainment venue.; - Prime location at the corner of Expressway 83 (I-2) Frontage Rd. & Taylor Road, Mission.; - Ample parking with 180 spaces and a ground-floor parking garage.
    (956) 227-8000
    Request Owner's contact information
    5112 Expressway 83 W McAllen, TX 78501
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    McAllen, TX 78501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5112 Expressway 83 W McAllen, TX 78501
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