Restaurant Building with Commercial
6701 S Jackson Road Pharr, TX 78577
For Sale
Contact for pricing
Former restaurant with kitchen for sale on busy commercial corridor.
Property Size3,823 SF
Lot Size0.19 Acres
Price / SF$130.53
Days on Market69
Property Features for 6701 S Jackson Road
General Information
- Standard status
- Active
- Size
- 3,823 SF
- Lot size
- 0.19 Acres
- Property subtype
- Land
Building Details
- Year Built
- 2015
Listing Agency:
BIG Realty
Listed By:
Jose Aguilar
Source:
Crexi
Added: May 19
Changed: Jul 10
Last Checked: Jul 21 at 5:14AM
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 BIG Realty
Investment Insights
Based on property information with market context.
This commercial property, built in 2015, is a former restaurant with a kitchen, presenting an opportunity for food service operators, investors, or entrepreneurs. The one-story, concrete block structure offers approximately 3,823 square feet of interior space and is situated on a 0.19-acre lot (8,400 sf). Previously operated as a full-service restaurant, it includes a commercial kitchen, restrooms, and central air conditioning. The open floor plan is suitable for restaurant, retail, or other commercial uses. The property offers visibility along S. Jackson Road, a busy commercial corridor in Pharr, and includes on-site parking. A rear area, currently used as warehouse space by the tenant, offers additional flexibility and potential for patio seating or rear parking. This property offers rental income with potential for owner-occupancy or future redevelopment.
Key Highlights
- Prime location on S. Jackson Road with excellent visibility.
- Equipped commercial kitchen suitable for food service operations.
- Built in 2015, one‑story concrete block structure with 3,823 sf interior space.
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.7k | $8.04 |
| − Vacancy | −$2.0k | −$0.52 |
| EGI | $28.7k | $7.52 |
| − OpEx | −$4.3k | −$1.13 |
| NOI | $24.4k | $6.39 |
3,823 SF · lease $8.04/SF/yr · vacancy 6.50% · expense 15.00%
Alternative Uses
Best Use
Specialty Retail
$792.6K
$693.5K – $924.7K
NOI $55,482 @ 7.0% cap · market cap 11.12%
Second Best
Retail
$737.4K
$645.2K – $860.3K
NOI $51,619 @ 7.0% cap · market cap 10.34%
Theoretical Best
Hotel Hospitality
$2.88M
$2.52M – $3.36M
NOI $201,568 @ 7.0% cap · market cap 40.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar Off Market Nearby
- Mexican Buffet Los Chilaquiles — 6901 S Jackson Rd, Pharr, TX 78577
FAQs
What type of property is this?
Conventional restaurant - Former restaurant with kitchen for sale on busy commercial corridor.
Where is this conventional restaurant located?
The property is located at 6701 S Jackson Road Pharr, TX.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Prime location on S. Jackson Road with excellent visibility.; Equipped commercial kitchen suitable for food service operations.; Built in 2015, one‑story concrete block structure with 3,823 sf interior space.
