Restaurant and Office in San
For Sale
$234,000
267 W Robertson St., San Benito, TX 78586
Turnkey restaurant and office space in a high-traffic area.
Property Size1,796 SF
Price / SF$130.29
Days on Market213
Property Features for 267 W Robertson St.
General Information
Standard status
Active
Size
1,796 SF
Building Details
Year Built
1986
Listing Agency:
KELLER WILLIAMS LRGV
Listed By:
RICARDO BENAVIDES · License #704695
(956) 793-6312
Source:
Accessrealtyrgv
Added: Mar 26
Changed: Oct 4
Last Checked: Oct 23 at 8:13AM
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 LRGV
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Investment Insights
Based on property information with market context.
This property offers an opportunity to own a well-established restaurant space in downtown San Benito. Situated on a corner lot in a high-traffic area, the property benefits from excellent visibility and foot traffic. Currently operating as a restaurant, the property is being sold fully equipped with tables, chairs, and kitchen equipment, making it a turnkey opportunity for the next owner. The sale also includes an office space, providing a professional setting suitable for businesses seeking a convenient location. This move-in ready restaurant and office are located in a vibrant part of San Benito.
Key Highlights
- Turnkey restaurant: Fully equipped with tables, chairs, and kitchen equipment for immediate operation.
- Prime location: Situated on a corner lot in downtown San Benito with high visibility and foot traffic.
- Dual‑purpose property: Includes both a restaurant and a separate office space.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,311
Cap Rate
7.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$366,220
$366.2K
Cap Rate 7%
$261,586
$261.6K
Cap Rate 9%
$203,456
$203.5K
Market Conditions
NOI Build-Up for 1,796 SF
Gross rent
$25.9K $14.40/SF
− Vacancy
−$1.4K −$0.81/SF
EGI
$24.4K $13.59/SF
− OpEx
−$6.1K −$3.40/SF
NOI
$18.3K $10.20/SF
Area
Cameron County, TX
Vacancy
5.60%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$366,220
Cap Rate 7%
$261,586
Cap Rate 9%
$203,456
Alternative Uses
Best Use
Specialty Retail
$261.6K
$228.9K – $305.2K
NOI $18,311 @ 7.0% cap · market cap 7.83%
Second Best
Office B
$235.5K
$206.1K – $274.8K
NOI $16,487 @ 7.0% cap · market cap 7.05%
Theoretical Best
Healthcare Medical
$309.2K
$270.6K – $360.8K
NOI $21,647 @ 7.0% cap · market cap 9.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
725
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78586, TX
50,135
Population
16,145
Households
3.1
Avg Household Size
32
Median Age
12%
College-Educated
64%
High-School Grad
152.5 sq mi
ZIP Area
329
Density / Sq Mi
$44,158
Median Household Income
$25,906
Median Earnings
$839
Median Rent
$83,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turnkey restaurant and office space in a high-traffic area.
Where is this conventional restaurant located?
The property is located at 267 W Robertson St. San Benito, TX.
What is the asking price?
The asking price for this property is $234,000.
What are key features of this property?
This property features: Turnkey restaurant: Fully equipped with tables, chairs, and kitchen equipment for immediate operation.; Prime location: Situated on a corner lot in downtown San Benito with high visibility and foot traffic.; Dual‑purpose property: Includes both a restaurant and a separate office space.
