Renovated Restaurant with
2510b-2510 W Freddy Gonzalez Drive, Edinburg, TX 78539
For Sale
$850,000
The active restaurant includes a commercial kitchen, private office, multiple restrooms and fenced outdoor space.
Property Size4,250 SF
Price / SF$200
Days on Market20
Property Features for 2510b-2510 W Freddy Gonzalez Drive
General Information
Standard status
Size
Additional Details
Patio
Currently Operating
Taxes and HOA fees
Annual Taxes
Listing Agency:
Keller Williams Realty RGV
(956) 928-1155
Listed By:
Maggie Harris · License #TREC#0530155
(956) 821-9990
Source:
Exprealty
Added: Oct 21
Changed: Nov 6
Last Checked: Nov 8 at 6:37AM
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 Keller Williams Realty RGV
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,250-square-foot restaurant is operating and has undergone recent remodeling. Its commercial kitchen contains a gas oven, freezers, stainless steel prep tables and restaurant equipment. Dining tables, four restrooms and a private office are also on site, along with an outdoor patio and fenced grounds. The air-conditioning units are less than three years old.
The city previously approved the property for adult day care use, and state licensing approvals are in process. Equipment included in a sale, zoning, permitted uses, city approvals and licensing requirements are subject to buyer verification.
The city previously approved the property for adult day care use, and state licensing approvals are in process. Equipment included in a sale, zoning, permitted uses, city approvals and licensing requirements are subject to buyer verification.
Key Highlights
- 4,250‑square‑foot operating restaurant
- Commercial kitchen with gas oven, freezers and stainless steel prep tables
- Four restrooms and a private office
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.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
381
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
$198,300
Median Home Value
Market
Average Price Trend$/SF for Conventional restaurants in Edinburg, TX
Properties on Market for Conventional restaurants in Edinburg
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The active restaurant includes a commercial kitchen, private office, multiple restrooms and fenced outdoor space.
Where is this conventional restaurant located?
The property is located at 2510b-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 operating restaurant; Commercial kitchen with gas oven, freezers and stainless steel prep tables; Four restrooms and a private office
