Operating Convenience
New
For Sale
$349,000
905 7th Street, Raymondville, TX 78550
Equipped for retail sales and hot-food service, with coolers, shelving, displays, and a dedicated food station.
Property Size2,622 SF
Price / SF$133.10
Days on Market4
Property Features for 905 7th Street
General Information
Standard status
Active
Size
2,622 SF
Total Parking Spaces
20
Property subtype
Commercial
Additional Details
Business Included
Yes
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$5,026
Building Details
Building Size
2,622 SF
Year Built
2021
Stories
1
Listing Agency:
BIG Realty
(956) 465-0011
Listed By:
Deborah Agyekum-Bimpong · License #801071488
(956) 530-7922
Source:
Justrealty
Added: Oct 22
Changed: Oct 24
Last Checked: Oct 24 at 2:55PM
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
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Investment Insights
Based on property information with market context.
Bubba's Lucky Store is a 2,622-square-foot convenience store at 905 7th Street in Raymondville. Built in 2021, the property is operating and has tile flooring, a hot-food station, coolers, shelving, and product displays. Its merchandise mix includes chilled drinks, snacks, beer, and everyday goods.
The store has street-facing signage along a well-traveled road and on-site parking. The existing fixtures and food-service area provide a ready-made format for continued convenience retail operations.
The store has street-facing signage along a well-traveled road and on-site parking. The existing fixtures and food-service area provide a ready-made format for continued convenience retail operations.
Key Highlights
- 2,622‑square‑foot convenience store built in 2021
- Operating store with coolers, shelving, and product displays
- Dedicated hot‑food station
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,732
Cap Rate
7.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$534,640
$534.6K
Cap Rate 7%
$381,886
$381.9K
Cap Rate 9%
$297,022
$297.0K
Market Conditions
NOI Build-Up for 2,622 SF
Gross rent
$37.8K $14.40/SF
− Vacancy
−$2.1K −$0.81/SF
EGI
$35.6K $13.59/SF
− OpEx
−$8.9K −$3.40/SF
NOI
$26.7K $10.20/SF
Area
Cameron County, TX
Vacancy
5.60%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$534,640
Cap Rate 7%
$381,886
Cap Rate 9%
$297,022
Alternative Uses
Best Use
Specialty Retail
$381.9K
$334.2K – $445.5K
NOI $26,732 @ 7.0% cap · market cap 7.66%
Second Best
Retail
$356.4K
$311.9K – $415.8K
NOI $24,950 @ 7.0% cap · market cap 7.15%
Theoretical Best
Healthcare Medical
$451.5K
$395.0K – $526.7K
NOI $31,602 @ 7.0% cap · market cap 9.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
368
Businesses Nearby
1k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Kwik Stop
Shops & Services
1,486 visits/mo
0.1 miles
Demographics for 78550, TX
56,038
Population
22,347
Households
2.5
Avg Household Size
35
Median Age
22%
College-Educated
77%
High-School Grad
94.2 sq mi
ZIP Area
595
Density / Sq Mi
$51,524
Median Household Income
$32,065
Median Earnings
$863
Median Rent
$120,500
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
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Equipped for retail sales and hot-food service, with coolers, shelving, displays, and a dedicated food station.
Where is this grocery and convenience store located?
The property is located at 905 7th Street Raymondville, TX.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 2,622‑square‑foot convenience store built in 2021; Operating store with coolers, shelving, and product displays; Dedicated hot‑food station
