Restaurant Property with
For Sale
$400,000
3063 Main St, Ingleside, TX 78362
A secondary structure with a kitchenette and bathroom adds flexible space for office or storage use.
Property Size2,613 SF
Price / SF$153.08
Days on Market10
Property Features for 3063 Main St
General Information
Standard status
Active
Size
2,613 SF
Building Details
Year Built
2002
Listing Agency:
Z Realty LLC
Listed By:
Genesis Zuniga · License #0650766
(956) 545-1558
Source:
Thebranchinc
Added: Sep 28
Last Checked: Oct 5 at 8:00PM
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 Z Realty LLC
Investment Insights
Based on property information with market context.
The 2,613-square-foot restaurant property was built in 2002 and requires work. The site includes a gazebo and a separate additional unit fitted with a small kitchen and bathroom; the extra space can serve as an office or storage area. A parking lot is also part of the property.
Located at 3063 Main St in Ingleside, the property offers a former restaurant configuration for a new operator to rework. Existing improvements include the main building, gazebo, secondary unit, and parking area.
Located at 3063 Main St in Ingleside, the property offers a former restaurant configuration for a new operator to rework. Existing improvements include the main building, gazebo, secondary unit, and parking area.
Key Highlights
- 2,613‑square‑foot restaurant property built in 2002
- Separate unit includes a small kitchen and bathroom
- Gazebo on the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,712
Cap Rate
2.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$234,240
$234.2K
Cap Rate 7%
$167,314
$167.3K
Cap Rate 9%
$130,133
$130.1K
Market Conditions
NOI Build-Up for 2,613 SF
Gross rent
$18.2K $6.96/SF
− Vacancy
−$1.5K −$0.56/SF
EGI
$16.7K $6.40/SF
− OpEx
−$5.0K −$1.92/SF
NOI
$11.7K $4.48/SF
Area
San Patricio County, TX
Vacancy
8.00%
Lease Rate
$6.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$234,240
Cap Rate 7%
$167,314
Cap Rate 9%
$130,133
Alternative Uses
Best Use
Specialty Retail
$663.9K
$580.9K – $774.5K
NOI $46,470 @ 7.0% cap · market cap 11.62%
Second Best
Retail
$167.3K
$146.4K – $195.2K
NOI $11,712 @ 7.0% cap · market cap 2.93%
Theoretical Best
Hotel Hospitality
$1.34M
$1.17M – $1.56M
NOI $93,833 @ 7.0% cap · market cap 23.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
280
Businesses Nearby
50k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 55%
Dining 45%
Valero Energy
Shops & Services
17,293 visits/mo
0.4 miles
Whataburger
Dining
15,415 visits/mo
0.4 miles
Dollar Tree
Shops & Services
8,537 visits/mo
0.4 miles
Taco Bell
Dining
4,812 visits/mo
0.4 miles
SUBWAY
Dining
2,528 visits/mo
0.4 miles
Demographics for 78362, TX
10,238
Population
4,701
Households
2.2
Avg Household Size
36
Median Age
21%
College-Educated
86%
High-School Grad
18.3 sq mi
ZIP Area
559
Density / Sq Mi
$78,698
Median Household Income
$41,240
Median Earnings
$1,226
Median Rent
$182,600
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - A secondary structure with a kitchenette and bathroom adds flexible space for office or storage use.
Where is this conventional restaurant located?
The property is located at 3063 Main St Ingleside, TX.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 2,613‑square‑foot restaurant property built in 2002; Separate unit includes a small kitchen and bathroom; Gazebo on the property
