Restaurant Space with Grease
New
For Sale
Contact for pricing
2405 W University Drive, Edinburg, TX 78539
The property’s prior bar use and proximity to UTRGV provide useful context for food-service operators.
Property Size3,250 SF
Price / SF$1.83
Days on Market3
Property Features for 2405 W University Drive
General Information
Standard status
Active
Size
3,250 SF
Property subtype
Commercial
Additional Details
Grease Trap
Yes
Building Details
Year Built
2018
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Changed: Nov 2
Last Checked: Nov 3 at 8:48AM
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 SANETI REALTY GROUP
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.
Built in 2018, this 3,250-square-foot restaurant property has a grease trap and was previously used as a bar. The existing feature and prior use are relevant to restaurant or food-service operations.
Located at 2405 W University Drive in Edinburg, the property is near UTRGV.
Located at 2405 W University Drive in Edinburg, the property is near UTRGV.
Key Highlights
- 3,250‑square‑foot restaurant property
- Grease trap on site
- Built in 2018
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,937
Suggested Prices Based on Cap Rates
Cap Rate 5%
$838,740
$838.7K
Cap Rate 7%
$599,100
$599.1K
Cap Rate 9%
$465,967
$466.0K
Market Conditions
NOI Build-Up for 3,250 SF
Gross rent
$60.5K $18.60/SF
− Vacancy
−$4.5K −$1.40/SF
EGI
$55.9K $17.21/SF
− OpEx
−$14.0K −$4.30/SF
NOI
$41.9K $12.90/SF
Area
Edinburg, TX
Vacancy
7.50%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$838,740
Cap Rate 7%
$599,100
Cap Rate 9%
$465,967
Alternative Uses
Best Use
Specialty Retail
$599.1K
$524.2K – $699.0K
NOI $41,937 @ 7.0% cap · market cap 705.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$843.3K
$737.9K – $983.8K
NOI $59,030 @ 7.0% cap · market cap 992.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Grease trap
Location Intelligence
Trade Area within ½ mile
657
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78539, TX
37,686
Population
15,759
Households
2.4
Avg Household Size
34
Median Age
37%
College-Educated
84%
High-School Grad
12.2 sq mi
ZIP Area
3,089
Density / Sq Mi
$64,864
Median Household Income
$38,413
Median Earnings
$1,034
Median Rent
$198,300
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
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The property’s prior bar use and proximity to UTRGV provide useful context for food-service operators.
Where is this conventional restaurant located?
The property is located at 2405 W University Drive Edinburg, TX.
What are key features of this property?
This property features: 3,250‑square‑foot restaurant property; Grease trap on site; Built in 2018
