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    1102 Closner Blvd Edinburg, TX 78541

    For Lease
    $11 SF/Yr

    Established Restaurant Location, High Traffic

    Lot size:
    5,260 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 2.42-acre commercial land parcel, located at 1102 N Closner Boulevard, presents a unique opportunity for a discerning restaurateur. Previously occupied by a successful restaurant for ten years, this 5,260 square foot site boasts a proven track record and established customer base. The property's CN zoning allows for a variety of dining concepts, from casual eateries to upscale establishments. Ample parking is available with 20 spaces provided on-site, ensuring convenience for both patrons and staff. The property's history of success, combined with its prime location and high foot traffic, makes it an ideal investment for those seeking a turnkey operation in a thriving area. The parcel's APN is T210000241001001. This single-tenant property offers a significant advantage, eliminating the complexities of multi-tenant management. The established customer base and proven success of the previous tenant provide a strong foundation for future growth and profitability. This is a rare opportunity to acquire a well-positioned restaurant site with a history of success, ready for a new chapter. Don't miss this chance to capitalize on a pre-existing customer base and a prime location.

    Property Features for 1102 Closner Blvd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,260 SF

    Unit(s) available at that property

    Space
    Size
    5,260 SF
    Rate per SF
    $11

    HighLights

    • 2.42‑acre land parcel with a 5,260 sq. ft. building.
    • Single‑tenant commercial property.
    • 20 parking spaces.
    • CN Zoning.
    • APN: T210000241001001.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Edinburg
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.1600939
    Latitude
    26.3121976

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    FAQs

    What type of property is this?
    Restaurant - Established Restaurant Location, High Traffic
    Where is this restaurant located?
    The property is located at 1102 Closner Blvd Edinburg, TX.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: 2.42-acre land parcel with a 5,260 sq. ft. building.; Single-tenant commercial property.; 20 parking spaces.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1102 Closner Blvd Edinburg, TX 78541
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