204 Tom Gill Road, Penitas, TX 78576
- Added:
- Mar 13, 2026
- Days on Market:
- 110
- Last Refresh:
- Jun 30 at 7:06 pm
Property Features for 204 Tom Gill Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C
- Parking
- 20
- Security features
- Security Lighting
- Appliances
- Electric Water Heater
- Standard status
- Active
- APN
- B215702000000300
- Size
- 3,182 SF
- Lot size
- 0.51 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 5492
Utilities
- Heating system
- Electric (Heating), Central, Propane (Heating)
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 2000
- Floors in Building
- 1
- Roof type
- Flat
Listing agent Lisa Salinas (956) 358-4409
Listing office Keller Williams Realty RGV 3300 N Mccoll. Ste P & Q, McAllen, TX (956) 928-1155
Listing date Mar 13, 2026
Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Built in 2000 with a flat roof
- Heating includes electric, central, and propane
- Cooling includes electric and central air
- Electric water heater included
- Restaurant layout designed for dine‑in service plus a bar/lounging area and take‑out options
- Customer access with on‑site and shared parking; owner finance options available
Overview
Local 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 | $65.3k | $20.52 |
| − Vacancy | −$3.7k | −$1.17 |
| EGI | $61.6k | $19.35 |
| − OpEx | −$15.4k | −$4.84 |
| NOI | $46.2k | $14.51 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Penitas
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.445278
- Latitude
- 26.245617
