Operating Restaurant with
New
For Sale
$850,000
2510 W Freddy Gonzalez Drive, Edinburg, TX 78539
Commercial Sale, Edinburg, TX
Property Size4,250 SF
Lot Size0.31 Acres
Price / SF$200
Days on Market2
Property Features for 2510 W Freddy Gonzalez Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
F1
Parking
20
Patio and Porch features
Patio, Porch
Appliances
Electric Water Heater
Subdivision
La Estancia
Lot features
Strip Mall
Directions
From McAllen, head north on McColl Rd., turn left on W. Freddy Gonzalez Dr. Property is on the south side.
Standard status
Active
APN
L085100000000900
Size
4,250 SF
Lot size
0.31 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
10105
HOA Fee
$3,000 Annually
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Building Details
Year built
2008
Floors in Building
1
Building materials
Brick
Listing Agency:
Keller Williams Realty RGV
(956) 928-1155
Listed By:
Maggie Harris
(956) 821-9990
Added: Oct 21
Last Checked: Oct 21 at 11:06PM
MLS# 518447
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.
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Investment Insights
Based on property information with market context.
This operating restaurant occupies a 4,250-square-foot brick building on a 0.3099-acre parcel. The kitchen is equipped with a gas oven, freezers, stainless steel prep tables, and other restaurant equipment. Dining tables, four restrooms, a private office, a patio, and fenced grounds are also part of the property. The building was constructed in 2008 and has been remodeled; its A/C units are less than three years old.
The property is zoned F1. It previously received city approval for adult day care use, while state licensing approvals remain in process. Zoning, permitted uses, city approvals, licensing requirements, and equipment included in a sale are subject to buyer verification.
The property is zoned F1. It previously received city approval for adult day care use, while state licensing approvals remain in process. Zoning, permitted uses, city approvals, licensing requirements, and equipment included in a sale are subject to buyer verification.
Key Highlights
- 4,250‑square‑foot restaurant on a 0.3099‑acre parcel
- Operating restaurant with equipped commercial kitchen
- Kitchen includes a gas oven, freezers, and stainless steel prep tables
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,841
Cap Rate
6.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,096,820
$1.1M
Cap Rate 7%
$783,443
$783.4K
Cap Rate 9%
$609,344
$609.3K
Market Conditions
NOI Build-Up for 4,250 SF
Gross rent
$79.1K $18.60/SF
− Vacancy
−$5.9K −$1.40/SF
EGI
$73.1K $17.21/SF
− OpEx
−$18.3K −$4.30/SF
NOI
$54.8K $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%
$1,096,820
Cap Rate 7%
$783,443
Cap Rate 9%
$609,344
Alternative Uses
Best Use
Specialty Retail
$783.4K
$685.5K – $914.0K
NOI $54,841 @ 7.0% cap · market cap 6.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.10M
$964.9K – $1.29M
NOI $77,194 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
381
Businesses Nearby
Under-served
Demand for This Use
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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
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - An equipped commercial kitchen, four restrooms, and fenced grounds support the restaurant’s current operation.
Where is this conventional restaurant located?
The property is located at 2510 W Freddy Gonzalez Drive Edinburg, TX.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 4,250‑square‑foot restaurant on a 0.3099‑acre parcel; Operating restaurant with equipped commercial kitchen; Kitchen includes a gas oven, freezers, and stainless steel prep tables
