Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    La Marque Second-Generation Restaurant Title is generated by Realmo AI

    1916 Cedar Drive, La Marque, TX 77568

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    2,366 SF restaurant on 0.8 acres in La Marque.

    Type:Retail - Street Retail
    Property size:
    2,366 SF
    Lot size:
    0.80 Acres
    Added:
    May 18, 2026
    Days on Market:
    14
    Last Refresh:
    May 18 at 8:35 pm

    Property Features for 1916 Cedar Drive

    General Information

    Standard status
    Active
    Size
    2,366 SF
    Lot size
    0.80 Acres
    Property subtype
    Retail - Street Retail

    We can help!

    Listing Contact
    Payne Pittman

    Listing agent Payne Pittman

    Listing office PMW Realty Partners

    Listing date May 18, 2026

    Source Commercialcafe

    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 PMW Realty Partners

    HighLights

    • 2,366 SF restaurant space ready for your vision.
    • Located on a spacious .8 acres.
    • 2nd‑generation restaurant, benefit from existing infrastructure.
    • New roof provides peace of mind.
    • Located in La Marque, TX.
    • Address: 1916 Cedar Drive.

    Overview

    Located in La Marque, Texas, this property features a 2,366-square-foot second-generation restaurant on 0.8 acres. The building at 1916 Cedar Drive has a new roof.
    Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

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

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

    Similar Places Nearby

    • Benito's Mexican Restaurant — 1309 1st St, La Marque, TX 77568

    Location Insight

    • Map
    • Local Demand
    City
    La Marque
    County
    Galveston
    State
    Texas
    Longitude
    -94.9725793
    Latitude
    29.368831

    Nearby Similar for Sale

    • $390,000
      3,857 SF

      Mixed-Use Retail/Office Property

      3,857 SqFt mixed-use property suitable for retail or office.
      2000 Cedar Dr, La Marque, TX 77568
      View Details
    • $750,000
      1,288 SF

      Retail Property Near I-45

      Retail property with high visibility and access in La Marque.
      3002 Gulf Fwy, La Marque, TX
      View Details
    • $1,100,000
      7,906 SF

      Multifamily Investment Opportunity in La Marque

      10-unit apartment complex with stable income and value-add potential.
      1825 Bayou Rd, La Marque, TX 77568
      View Details
    • $350,000

      Commercial Building with Catering Potential

      Commercial building suitable for events, catering, and food service.
      701 Volney St, La Marque, TX
      View Details
    • Contact for pricing
      22,768 SF

      La Marque Industrial Property

      22,768 SF industrial building on 6.62 acres.
      100 Main Street, La Marque, TX, 77568
      View Details
    • Contact for pricing
      13,500 SF

      La Marque Warehouse with Renovated Office

      13,500 SF warehouse with renovated office/showroom near I-45.
      320 Delany Rd, La Marque, TX
      View Details
    • Contact for pricing
      8,320 SF

      La Marque Retail Building For Sale

      8,320 SF retail building on 1.19-acre lot.
      3923 Texas Ave, La Marque, TX
      View Details
    • $1,200,000

      Fully Occupied Mixed-Use Building

      Stable, income-generating asset with substantial growth potential in La Marque.
      2600 Gulf Freeway, La Marque, TX 77568
      View Details
    • $250,000
      2,670 SF

      La Marque Commercial Kitchen Space

      Single-tenant building with commercial kitchen, offices, and meeting room.
      719 S Oak St, La Marque, TX
      View Details
    • $259,000
      6,349 SF

      Office Building with Warehouse Space

      Office and warehouse space suitable for various businesses.
      2104 Cedar Dr, La Marque, TX 77568
      View Details

    FAQs

    What type of property is this?
    Conventional restaurant - 2,366 SF restaurant on 0.8 acres in La Marque.
    Where is this conventional restaurant located?
    The property is located at 1916 Cedar Drive La Marque, TX.
    What are key features of this property?
    This property features: 2,366 SF restaurant space ready for your vision.; Located on a spacious .8 acres.; 2nd‑generation restaurant, benefit from existing infrastructure.
    We can help!
    Listing Contact
    Payne Pittman
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1916 Cedar Drive, La Marque, TX 77568
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!