Restaurant with Commercial
New
For Sale
$680,000
2728 E Mile 5 N, Mission, TX 78573
Dining space is paired with a commercial kitchen and included appliances, fixtures, and furnishings.
Property Size1,947 SF
Price / SF$349.26
Days on Market3
Property Features for 2728 E Mile 5 N
General Information
Standard status
Active
Size
1,947 SF
Property subtype
Commercial
Additional Details
Furnished
Yes
Equipment Included
Yes
Building Details
Year Built
1972
Listing Agency:
Empower Realty Group
Listed By:
Abigail Alaniz · License #801071390
Source:
Tnt
Added: Oct 30
Last Checked: Oct 30 at 10:41AM
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 Empower 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.
This 1,947-square-foot restaurant, built in 1972, has a dining area and commercial kitchen. Kitchen appliances, fixtures, and furnishings are included with the property.
Key Highlights
- 1,947‑square‑foot restaurant building
- Commercial kitchen with appliances, fixtures, and furnishings
- Dining area for guests
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,256
Cap Rate
4.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$565,120
$565.1K
Cap Rate 7%
$403,657
$403.7K
Cap Rate 9%
$313,956
$314.0K
Market Conditions
NOI Build-Up for 1,947 SF
Gross rent
$40.0K $20.52/SF
− Vacancy
−$2.3K −$1.17/SF
EGI
$37.7K $19.35/SF
− OpEx
−$9.4K −$4.84/SF
NOI
$28.3K $14.51/SF
Area
Hidalgo County, TX
Vacancy
5.70%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$565,120
Cap Rate 7%
$403,657
Cap Rate 9%
$313,956
Alternative Uses
Best Use
Specialty Retail
$403.7K
$353.2K – $470.9K
NOI $28,256 @ 7.0% cap · market cap 4.16%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$1.47M
$1.28M – $1.71M
NOI $102,656 @ 7.0% cap · market cap 15.10%
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
248
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 78573, TX
42,229
Population
13,339
Households
3.2
Avg Household Size
29
Median Age
15%
College-Educated
63%
High-School Grad
36.7 sq mi
ZIP Area
1,151
Density / Sq Mi
$51,185
Median Household Income
$27,730
Median Earnings
$909
Median Rent
$154,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Dining space is paired with a commercial kitchen and included appliances, fixtures, and furnishings.
Where is this conventional restaurant located?
The property is located at 2728 E Mile 5 N Mission, TX.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: 1,947‑square‑foot restaurant building; Commercial kitchen with appliances, fixtures, and furnishings; Dining area for guests
