Restaurant with
New
For Sale
$550,000
1701 E Price Rd., Brownsville, TX 78521
The sale includes restaurant equipment, supporting continued food-service operations.
Property Size2,500 SF
Price / SF$220
Days on Market5
Property Features for 1701 E Price Rd.
General Information
Standard status
Active
Size
2,500 SF
Property subtype
Commercial
Additional Details
Business Included
Yes
Equipment Included
Yes
Building Details
Year Built
1974
Listing Agency:
RGV Realty, LLC
Listed By:
Luis Velasco · License #448_17
(956) 639-1362
Source:
Ryanandbrian
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 10 at 2:41AM
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 RGV Realty, LLC
Investment Insights
Based on property information with market context.
This 2,500-square-foot restaurant building was constructed in 1974. Restaurant equipment is included in the sale, providing an existing food-service setup.
Key Highlights
- 2,500‑square‑foot restaurant building
- Restaurant equipment included in the sale
- Built in 1974
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,488
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$509,760
$509.8K
Cap Rate 7%
$364,114
$364.1K
Cap Rate 9%
$283,200
$283.2K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$36.0K $14.40/SF
− Vacancy
−$2.0K −$0.81/SF
EGI
$34.0K $13.59/SF
− OpEx
−$8.5K −$3.40/SF
NOI
$25.5K $10.20/SF
Area
Brownsville, TX
Vacancy
5.60%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$509,760
Cap Rate 7%
$364,114
Cap Rate 9%
$283,200
Alternative Uses
Best Use
Specialty Retail
$364.1K
$318.6K – $424.8K
NOI $25,488 @ 7.0% cap · market cap 4.63%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$430.5K
$376.7K – $502.2K
NOI $30,132 @ 7.0% cap · market cap 5.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,049
Businesses Nearby
159k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Dining 21%
Superstores 15%
Home Improvements & Furnishings 10%
Big Lots
Superstores
24,119 visits/mo
0.3 miles
Exxon
Shops & Services
22,922 visits/mo
0.4 miles
Stripes
Shops & Services
17,351 visits/mo
0.4 miles
Jack in the Box
Dining
14,872 visits/mo
0.3 miles
Harbor Freight Tools
Home Improvements & Furnishings
12,810 visits/mo
0.3 miles
Demographics for 78521, TX
88,708
Population
29,576
Households
3
Avg Household Size
32
Median Age
15%
College-Educated
62%
High-School Grad
93.7 sq mi
ZIP Area
947
Density / Sq Mi
$41,276
Median Household Income
$24,781
Median Earnings
$864
Median Rent
$90,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - The sale includes restaurant equipment, supporting continued food-service operations.
Where is this conventional restaurant located?
The property is located at 1701 E Price Rd. Brownsville, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 2,500‑square‑foot restaurant building; Restaurant equipment included in the sale; Built in 1974
