Equipped Restaurant
222 W Main Avenue, Alton, TX 78573
For Sale
$750,000
An operating food-service business includes kitchen equipment and furnishings for its dining area.
Property Size2,080 SF
Price / SF$360.58
Days on Market16
Property Features for 222 W Main Avenue
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Furnished
Equipment Included
Currently Operating
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Listing Agency:
Kebes Real Estate LLC
(956) 293-4085
Listed By:
Carla Borrego
(956) 354-4284
Source:
Gdvrealty
Added: Oct 22
Changed: Nov 6
Last Checked: Nov 6 at 2:16PM
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 Kebes Real Estate LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 222 W Main Avenue in Alton, this 2,080-square-foot restaurant property was built in 2009. The existing operation includes a commercial kitchen with equipment and a dining area furnished for service.
The property is offered for sale with the restaurant operation in place.
The property is offered for sale with the restaurant operation in place.
Key Highlights
- 2,080‑square‑foot restaurant property
- Built in 2009
- Operating restaurant with commercial kitchen equipment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,187
Cap Rate
4.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$603,740
$603.7K
Cap Rate 7%
$431,243
$431.2K
Cap Rate 9%
$335,411
$335.4K
Market Conditions
NOI Build-Up for 2,080 SF
Gross rent
$42.7K $20.52/SF
− Vacancy
−$2.4K −$1.17/SF
EGI
$40.2K $19.35/SF
− OpEx
−$10.1K −$4.84/SF
NOI
$30.2K $14.51/SF
Area
Hidalgo County, TX
Vacancy
5.70%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$603,740
Cap Rate 7%
$431,243
Cap Rate 9%
$335,411
Alternative Uses
Best Use
Specialty Retail
$431.2K
$377.3K – $503.1K
NOI $30,187 @ 7.0% cap · market cap 4.02%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$1.57M
$1.37M – $1.83M
NOI $109,668 @ 7.0% cap · market cap 14.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
822
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78573, TX
42,229
Population
13,339
Households
3.2
Avg Household Size
29
Median Age
15%
College-Educated
63%
High-School Grad
36.7 sq mi
ZIP Area
1,151
Density / Sq Mi
$51,185
Median Household Income
$27,730
Median Earnings
$909
Median Rent
$154,800
Median Home Value
Market
Average Price Trend$/SF for Conventional restaurants in Hidalgo County, TX
Properties on Market for Conventional restaurants in Hidalgo County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - An operating food-service business includes kitchen equipment and furnishings for its dining area.
Where is this conventional restaurant located?
The property is located at 222 W Main Avenue Alton, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 2,080‑square‑foot restaurant property; Built in 2009; Operating restaurant with commercial kitchen equipment
