Bar & Pub Property with
New
For Sale
$699,000
13585 Luckey Rd, Atascosa, TX 78002
OCL-zoned property outside city limits with an existing commercial building and usable land area.
Property Size2,576 SF
Lot Size1.00 Acre
Price / SF$271.35
Days on Market5
Property Features for 13585 Luckey Rd
General Information
Standard status
Active
Size
2,576 SF
Lot size
1.00 Acre
Zoning
OCL
Additional Details
Highway Access
Yes
Land Use
commercial
Building Details
Year Built
1950
Buildings
1
Listing Agency:
Real Broker, LLC
(210) 286-8480
Listed By:
Miriam Campos
Source:
Drialtor
Added: Aug 26
Changed: Aug 29
Last Checked: Aug 29 at 2:35PM
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 Real Broker, LLC
Investment Insights
Based on property information with market context.
This bar and pub property includes a 2,576-square-foot commercial building on approximately 1 acre. The improvements date to 1950, and furniture, fixtures, accessories, and equipment convey with the property.
Located outside city limits in Atascosa, Texas, the site carries OCL zoning and is positioned near IH-35 and Hwy 90. The parcel provides an existing building alongside additional land that can support the property’s current commercial configuration.
Located outside city limits in Atascosa, Texas, the site carries OCL zoning and is positioned near IH-35 and Hwy 90. The parcel provides an existing building alongside additional land that can support the property’s current commercial configuration.
Key Highlights
- 2,576 SF existing commercial building
- Approximately 1 acre of land
- OCL zoning outside city limits
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$37,100
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.31%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$742,000
$742.0K
Cap Rate 7%
$530,000
$530.0K
Cap Rate 9%
$412,222
$412.2K
Market Conditions
NOI Build-Up for 2,576 SF
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.
Gross rent
$51.3K $19.92/SF
− Vacancy
−$1.8K −$0.72/SF
EGI
$49.5K $19.20/SF
− OpEx
−$12.4K −$4.80/SF
NOI
$37.1K $14.40/SF
Area
Bexar County, TX
Vacancy
3.60%
Lease Rate
$19.92 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$742,000
Cap Rate 7%
$530,000
Cap Rate 9%
$412,222
Alternative Uses
Best Use
Specialty Retail
$530.0K
$463.8K – $618.3K
NOI $37,100 @ 7.0% cap · market cap 5.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$697.2K
$610.1K – $813.4K
NOI $48,805 @ 7.0% cap · market cap 6.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78002, TX
8,876
Population
2,634
Households
3.4
Avg Household Size
35
Median Age
12%
College-Educated
76%
High-School Grad
40.0 sq mi
ZIP Area
222
Density / Sq Mi
$64,082
Median Household Income
$46,677
Median Earnings
$1,246
Median Rent
$171,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Trail Riders Bar — 13585 Luckey Rd, Atascosa, TX 78002
Frequently Asked Questions
What type of property is this?
Bar & Pub - OCL-zoned property outside city limits with an existing commercial building and usable land area.
Where is this bar & pub located?
The property is located at 13585 Luckey Rd Atascosa, TX.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 2,576 SF existing commercial building; Approximately 1 acre of land; OCL zoning outside city limits
