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Operating Restaurant with Patio
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
Listed By: Maggie Harris
Added: Oct 21 Last Checked: Oct 22 at 1:06AM
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.

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 (±1% cap)
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 (±1% cap)
NOI $77,194 @ 7.0% cap · market cap 9.08%
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

Conventional restaurants

Suggested Use

Top Pick Hair Salon Real Estate Agency Computer & Electronic Repair (Bike/Boat/Book/etc) Store Auto Parts Store Carpet & Flooring Store

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

Location Intelligence

Trade Area within ½ mile

381
Businesses Nearby
Under-served
Demand for This Use

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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

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
More about this property
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