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El Banquete Restaurant with Patio
For Sale
Contact for pricing
Pending

1804 Rankin Hwy, Midland, TX 79701

Restaurant property includes a bar, outdoor patio, and additional rear parking.

Property SizeContact for details
Days on Market143

Property Features for 1804 Rankin Hwy

General Information

Standard status Pending
Property subtype Retail

Additional Details

Highway Access Yes
Patio Yes
Listing Agency: Century 21 The Edge Midland
Listed By: Tina Powell · License #TX
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 5:43PM

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 Century 21 The Edge Midland

Investment Insights

Based on property information with market context.

El Banquete is a restaurant property with a substantial dining area, bar, outdoor patio, and additional parking positioned behind the building. These features provide distinct indoor and outdoor areas for restaurant operations.

The property is located at 1804 Rankin Hwy in Midland, Texas, approximately 1/2 a mile north of Interstate 20. The surrounding area is identified as a growing retail and hotel district.

Key Highlights

  • Restaurant property identified as El Banquete
  • Large dining area with bar
  • Outdoor patio space included

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Dental Office Skin Care Clinic Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

397
Businesses Nearby
352k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 43% Superstores 24% Shops & Services 20% Apparel 4%
Walmart Superstores
84,074 visits/mo 0.4 miles
McDonald's Dining
24,791 visits/mo 0.3 miles
Chick-fil-A Dining
21,537 visits/mo 0.1 miles
Whataburger Dining
21,239 visits/mo 0.1 miles
Rosa's Cafe Dining
18,288 visits/mo 0.1 miles

Demographics for 79701, TX

29,748
Population
11,393
Households
2.6
Avg Household Size
33
Median Age
19%
College-Educated
73%
High-School Grad
12.1 sq mi
ZIP Area
2,459
Density / Sq Mi
$57,679
Median Household Income
$36,213
Median Earnings
$1,336
Median Rent
$204,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property includes a bar, outdoor patio, and additional rear parking.
Where is this conventional restaurant located?
The property is located at 1804 Rankin Hwy Midland, TX.
What are key features of this property?
This property features: Restaurant property identified as El Banquete; Large dining area with bar; Outdoor patio space included
More about this property
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