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    Restaurant Property on Highway 87 Title is generated by Realmo AI

    11985 US Hwy 87 W, La Vernia, TX 78121

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    For Sale
    $1,495,000

    Second-generation restaurant on 2.67 acres in La Vernia, TX.

    Type:Retail
    Property size:
    5,920 SF
    Lot size:
    2.67 Acres
    Price / SF:
    $252/SF
    Added:
    Mar 5, 2026
    Days on Market:
    77
    Last Refresh:
    Apr 5 at 8:46 pm

    Property Features for 11985 US Hwy 87 W

    General Information

    Standard status
    Active
    Size
    5,920 SF
    Lot size
    2.67 Acres
    Property subtype
    Retail

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    Listing Contact
    Anna Loera

    Listing agent Anna Loera

    Listing office

    Listing date Mar 5, 2026

    Source Cbcworldwide

    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 Anna Loera

    HighLights

    • Exceptional visibility and accessibility on U.S. Highway 87 West.
    • Large 2.67‑acre lot (116,218 SF).
    • Existing 5,920 SF building suitable for various uses.
    • Ideal for restaurant operators, event venues, or retail redevelopment.
    • Located in the growing South La Vernia corridor.
    • Features a large covered patio and ample parking.

    Overview

    Available for purchase is a second-generation restaurant property, formerly Melanie's Bar & Grill, located in La Vernia, Texas. The property is situated on 2.67 acres (116,218 SF lot) along U.S. Highway 87 West, offering visibility and accessibility in the South La Vernia corridor. The existing 5,920 SF building features a spacious interior layout suitable for dining and entertainment, with potential for reconfiguration. The property includes a large covered patio and ample parking. It is suited for restaurant operators, event venues, or retail redevelopment.

    Financial Insights

    Value Estimation Calculated for Specialty Retail

    Conservative
    $943.4K
    NOI $84,907 @ 9.00% cap · cautious / downside scenario
    Moderate
    $1.21M
    NOI $84,907 @ 7.00% cap · market / base-case scenario
    Aggressive
    $1.70M
    NOI $84,907 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.
    Calculated for Specialty Retail

    Component $ $/SF
    Gross rent $117.9k $19.92
    − Vacancy −$4.7k −$0.80
    EGI $113.2k $19.12
    − OpEx −$28.3k −$4.78
    NOI $84.9k $14.34
    5,920 SF · lease $19.92/SF/yr · vacancy 4.00% · expense 25.00%

    Alternative Use Scenarios

    Best Use
    Specialty Retail
    $1.21M
    $1.06M – $1.42M (±1% cap)
    NOI $84,907 @ 7.0% cap · market cap 5.68%
    Second Best
    no second resolved use
    Theoretical Best
    Office A
    $1.51M
    $1.32M – $1.76M (±1% cap)
    NOI $105,706 @ 7.0% cap · market cap 7.07%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars & Pubs

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Pharmacy

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

    Similar Places Nearby

    • Bear Nutrition 12826 U.S. Hwy 87 W, La Vernia, TX 78121

    Location Insight

    • Map
    • Local Demand
    City
    La Vernia
    County
    Wilson
    State
    Texas
    Longitude
    -98.105934
    Latitude
    29.345987

    FAQs

    What type of property is this?
    Bar & Pub - Second-generation restaurant on 2.67 acres in La Vernia, TX.
    Where is this bar & pub located?
    The property is located at 11985 US Hwy 87 W La Vernia, TX.
    What is the asking price?
    The asking price for this property is $1,495,000.
    What are key features of this property?
    This property features: Exceptional visibility and accessibility on U.S. Highway 87 West.; Large 2.67‑acre lot (116,218 SF).; Existing 5,920 SF building suitable for various uses.
    More about this property
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