Built-Out Bar
New
For Sale
Contact for pricing
316 S 17th Street, McAllen, TX 78501
Existing bar equipment and layout support bar operations within the space.
Property Size1,716 SF
Price / SF$2.04
Days on Market2
Property Features for 316 S 17th Street
General Information
Standard status
Active
Size
1,716 SF
Property subtype
Commercial
Property Condition
Severity
Repairs Needed
Evidence
requires only light cleaning and minor touch-ups
Building Details
Year Built
1972
Listing Agency:
SANETI REALTY GROUP
Listed By:
Alberto Sanchez
(956) 215-1125
Source:
Sanetirealty
Added: Nov 1
Last Checked: Nov 1 at 3:20PM
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 SANETI REALTY GROUP
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Investment Insights
Based on property information with market context.
The 1,716-square-foot bar space includes an established bar layout, equipment, and infrastructure. The property was built in 1972 and was operated as a bar until recently. The space requires cleaning and minor touch-ups.
Located at 316 S 17th Street in McAllen, the property is surrounded by restaurants, bars, and nightlife destinations.
Located at 316 S 17th Street in McAllen, the property is surrounded by restaurants, bars, and nightlife destinations.
Key Highlights
- 1,716 square feet of bar space
- Existing bar layout, equipment, and infrastructure
- 316 S 17th Street, McAllen, TX 78501
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,242
Suggested Prices Based on Cap Rates
Cap Rate 5%
$524,840
$524.8K
Cap Rate 7%
$374,886
$374.9K
Cap Rate 9%
$291,578
$291.6K
Market Conditions
NOI Build-Up for 1,716 SF
Gross rent
$37.1K $21.60/SF
− Vacancy
−$2.1K −$1.21/SF
EGI
$35.0K $20.39/SF
− OpEx
−$8.7K −$5.10/SF
NOI
$26.2K $15.29/SF
Area
McAllen, TX
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$524,840
Cap Rate 7%
$374,886
Cap Rate 9%
$291,578
Alternative Uses
Best Use
Specialty Retail
$374.9K
$328.0K – $437.4K
NOI $26,242 @ 7.0% cap · market cap 749.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$466.0K
$407.7K – $543.6K
NOI $32,618 @ 7.0% cap · market cap 931.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,471
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78501, TX
60,817
Population
24,807
Households
2.5
Avg Household Size
37
Median Age
27%
College-Educated
77%
High-School Grad
15.5 sq mi
ZIP Area
3,924
Density / Sq Mi
$49,451
Median Household Income
$29,092
Median Earnings
$943
Median Rent
$149,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- A&C Private Club — 620 S 23rd St, McAllen, TX 78501
- Broncos Lounge — 632 s 23rd st, mcallen, tx 78501
- Pecado Night Club — 613 S 17th St, McAllen, TX 78501
- The Gremlin — 322 S 16th St, McAllen, TX 78501
- Brick Room 17 — 207 S 17th St, McAllen, TX 78501
Frequently Asked Questions
What type of property is this?
Bar & Pub - Existing bar equipment and layout support bar operations within the space.
Where is this bar & pub located?
The property is located at 316 S 17th Street McAllen, TX.
What are key features of this property?
This property features: 1,716 square feet of bar space; Existing bar layout, equipment, and infrastructure; 316 S 17th Street, McAllen, TX 78501
