Restaurant with Drive-Thru-Ready
6304 W Mile 7 Road Mission, TX 78574
For Sale
$299,000
Established restaurant on a half-acre lot with about 14 parking spaces and included kitchen appliances.
Property Size1,504 SF
Price / SF$198.80
Days on Market708
Property Features for 6304 W Mile 7 Road
General Information
- Standard status
- Active
- Size
- 1,504 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 2005
Listing Agency:
Keller Williams Realty Rgv
(956) 578-5733
Listed By:
Ronaldo Lacayo
(956) 578-5733
Source:
Xome
Added: Aug 16, 2024
Changed: Jul 21
Last Checked: Jul 24 at 5:38AM
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 Keller Williams Realty Rgv
Investment Insights
Based on property information with market context.
This for-sale restaurant property is currently operating as a taqueria restaurant and includes almost all kitchen appliances. The site sits on approximately a half-acre lot and offers about 14 parking spaces for patrons.
The business is positioned in a high-traffic location, supporting convenient customer access and visibility. The offering includes the existing restaurant setup and equipment, giving a ready-to-operate framework for continued restaurant use.
The space is configured for full restaurant operations, with the included kitchen appliances supporting day-to-day food preparation. Schedule an appointment to view the property and review the existing kitchen package in person.
The business is positioned in a high-traffic location, supporting convenient customer access and visibility. The offering includes the existing restaurant setup and equipment, giving a ready-to-operate framework for continued restaurant use.
The space is configured for full restaurant operations, with the included kitchen appliances supporting day-to-day food preparation. Schedule an appointment to view the property and review the existing kitchen package in person.
Key Highlights
- Established restaurant currently used as a taqueria
- About 1/2‑acre lot in a high‑traffic location
- Includes kitchen appliances (almost all kitchen appliances included)
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.9k | $20.52 |
| − Vacancy | −$1.8k | −$1.17 |
| EGI | $29.1k | $19.35 |
| − OpEx | −$7.3k | −$4.84 |
| NOI | $21.8k | $14.51 |
1,504 SF · lease $20.52/SF/yr · vacancy 5.70% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$311.8K
$272.8K – $363.8K
NOI $21,827 @ 7.0% cap · market cap 7.30%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$1.13M
$991.2K – $1.32M
NOI $79,298 @ 7.0% cap · market cap 26.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Taqueria La Brisa
Restaurant
FAQs
What type of property is this?
Conventional restaurant - Established restaurant on a half-acre lot with about 14 parking spaces and included kitchen appliances.
Where is this conventional restaurant located?
The property is located at 6304 W Mile 7 Road Mission, TX.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Established restaurant currently used as a taqueria; About 1/2‑acre lot in a high‑traffic location; Includes kitchen appliances (almost all kitchen appliances included)
