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    421 N Virginia St Port Lavaca, TX 77979

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    For Sale
    $480,000

    Established Mexican restaurant with additional building in prime location.

    Lot size:
    0.29 Acres

    Property Features for 421 N Virginia St

    General Information

    Lot size
    0.29 Acres

    Building Details

    Year built
    1963

    Source: RE/MAX Land & Homes on the Bay Agent Annette Alonzo

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

    Overview

    Turnkey Restaurant Plus Additional Building

    This property features an established Mexican restaurant with a loyal customer base, situated in a high-traffic area. The restaurant is fully operational and move-in ready, with all necessary equipment included. Ample parking is available for customers. Included in the sale is a second, partially built-out building next door, suitable for office space, storage, or expansion. The property offers potential for various ventures.
    Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Port Lavaca
    County
    Calhoun
    State
    Texas
    Longitude
    -96.623665
    Latitude
    28.611696

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    FAQs

    What type of property is this?
    Turn key restaurant - Established Mexican restaurant with additional building in prime location.
    Where is this turn key restaurant located?
    The property is located at 421 N Virginia St Port Lavaca, TX.
    What is the asking price?
    The asking price for this property is $480,000.
    What are key features of this property?
    This property features: - Turnkey Mexican Restaurant: Fully operational and ready for a new owner.; - Prime Location: Situated in a high-traffic area with a loyal customer base.; - Additional Building Included: Partially built out and suitable for office space, storage, or expansion.
    (361) 676-5305
    Request Owner's contact information
    421 N Virginia St Port Lavaca, TX 77979
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    Port Lavaca, TX 77979
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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
    421 N Virginia St Port Lavaca, TX 77979
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