Bar & Pub with
For Sale
$575,000
3708 US Highway Business 83, Donna, TX 78537
COMMERCIAL - Donna, TX
Property Size5,324 SF
Lot Size0.57 Acres
Price / SF$108
Days on Market45
Property Features for 3708 US Highway Business 83
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
15
Parking features
Special Needs
Exterior features
Balcony
Accessibility
Accessible Approach with Ramp
Appliances
Water Heater (Programmable thermostat)
Subdivision
La Blanca A
Directions
From the corner of E Expressway 83 and Westgate Drive, head east on E Expressway 83. Take Exit 155B and continue along the Frontage Road. Turn right (south) onto N Midway Rd and proceed straight South. The property will be on the right-hand side.
Standard status
Active
APN
L040000016000003
Size
5,324 SF
Lot size
0.57 Acres
Taxes and HOA fees
Tax Year
2022
Tax Annual Amount
8165
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Amenities
balcony
Building Details
Year built
1997
Floors in Building
2
Building materials
Stucco
Listing Agency:
BIG Realty
(956) 465-0011
Listed By:
Joshua I. Benavides
(956) 223-9200
Added: Jun 28
Changed: Aug 4
Last Checked: Aug 11 at 10:06PM
MLS# 500058
Copyright © 2026 Greater McAllen Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This Bar & Pub property includes more than 5,000 SF of bar/lounge space, along with storage and outdoor improvements. The upstairs apartment features a spacious balcony, and there is also a private office with a restroom. A large backyard offers potential for conversion into additional parking. The building was constructed with stucco materials and was built in 1997.
Located at 3708 US Highway Business 83 in Donna, TX, the property sits directly off Business 83/Old 83 and N Midway Rd, with visibility and high-traffic exposure between Old Business 83 and Expressway 83. On-site parking is already available, and accessibility is supported by an accessible approach with a ramp.
The property is served by central heating with electric heating and central air with electric cooling, plus a programmable thermostat water heater.
Located at 3708 US Highway Business 83 in Donna, TX, the property sits directly off Business 83/Old 83 and N Midway Rd, with visibility and high-traffic exposure between Old Business 83 and Expressway 83. On-site parking is already available, and accessibility is supported by an accessible approach with a ramp.
The property is served by central heating with electric heating and central air with electric cooling, plus a programmable thermostat water heater.
Key Highlights
- More than 5,000 SF of bar/lounge space with storage and outdoor improvements
- Upstairs apartment with spacious balcony and balcony exterior feature
- Private office with restroom
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$42,866
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.45%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$857,320
$857.3K
Cap Rate 7%
$612,371
$612.4K
Cap Rate 9%
$476,289
$476.3K
Market Conditions
NOI Build-Up for 5,324 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$88.2K $16.56/SF
− Vacancy
−$10.2K −$1.92/SF
EGI
$77.9K $14.64/SF
− OpEx
−$35.1K −$6.59/SF
NOI
$42.9K $8.05/SF
Area
Hidalgo County, TX
Vacancy
11.60%
Lease Rate
$16.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$857,320
Cap Rate 7%
$612,371
Cap Rate 9%
$476,289
Alternative Uses
Best Use
Specialty Retail
$1.10M
$965.8K – $1.29M
NOI $77,266 @ 7.0% cap · market cap 13.44%
Second Best
Apartment 5plus
$612.4K
$535.8K – $714.4K
NOI $42,866 @ 7.0% cap · market cap 7.45%
Theoretical Best
Hotel Hospitality
$4.01M
$3.51M – $4.68M
NOI $280,708 @ 7.0% cap · market cap 48.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78537, TX
51,962
Population
16,683
Households
3.1
Avg Household Size
28
Median Age
10%
College-Educated
54%
High-School Grad
57.6 sq mi
ZIP Area
902
Density / Sq Mi
$36,331
Median Household Income
$20,354
Median Earnings
$744
Median Rent
$74,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
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- The Outpost — 3005 E Business Hwy 83, Donna, TX 78537
- Brews N Cues Sports Bar — 2901 W Business 83, Weslaco, TX 78596
- Arturo's Bar & Grill — 2303 W Expy 83, Weslaco, TX 78596
Frequently Asked Questions
What type of property is this?
Bar & Pub - Bar/lounge property with an upstairs apartment balcony, private office with restroom, and central electric HVAC on Business 83.
Where is this bar & pub located?
The property is located at 3708 US Highway Business 83 Donna, TX.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: More than 5,000 SF of bar/lounge space with storage and outdoor improvements; Upstairs apartment with spacious balcony and balcony exterior feature; Private office with restroom
