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    121 Bentsen Palm Dr Palmview, TX 78572

    Sponsored
    For Sale
    $600,000

    Fully equipped restaurant, high-traffic location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 121 E Bentsen Palm Drive in Palmview, Texas (zip code 78572), presents a unique investment opportunity. The 18,730.8 square foot lot features a fully equipped restaurant built in 1983. The property boasts a prime corner location with high visibility and traffic volume due to its frontage on Bentsen Palms Drive and East Exp 83 Frontage Rd. The restaurant is currently temporarily leased on a month-to-month basis, offering flexibility for the new owner. The previous tenant operated successfully for over a decade, demonstrating the location's strong potential. The sale includes all existing restaurant equipment, including kitchen appliances (natural gas stoves, freezers, cold room, ice maker), serving area furnishings (chairs, tables, utensils, plates, glasses, buffet car), and more. The asking price is negotiable. A lease option is also available at $5,500 per month with a minimum two-year lease term. This property is ideal for an experienced restaurateur looking to establish or expand their business in a thriving location. The Hidalgo County location offers easy access to the surrounding community and significant traffic flow. This is a rare opportunity to acquire a turn-key restaurant business in a high-demand area.

    Property Features for 121 Bentsen Palm Dr

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    1983

    HighLights

    • 18,730.8 SF lot in Palmview, TX (78572) at 121 E Bentsen Palm Drive.
    • Fully equipped restaurant on a month‑to‑month lease.
    • Prime corner location with high visibility on Bentsen Palms Drive and East Exp 83 Frontage Rd.
    • Includes all restaurant equipment: kitchen appliances, serving area furnishings, etc.
    • Negotiable asking price; lease option available at $5,500/month (2‑year minimum).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Palmview
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.3708976
    Latitude
    26.2326822

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    FAQs

    What type of property is this?
    Restaurant - Fully equipped restaurant, high-traffic location.
    Where is this restaurant located?
    The property is located at 121 Bentsen Palm Dr Palmview, TX.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: 18,730.8 SF lot in Palmview, TX (78572) at 121 E Bentsen Palm Drive.; Fully equipped restaurant on a month-to-month lease.; Prime corner location with high visibility on Bentsen Palms Drive and East Exp 83 Frontage Rd.
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    121 Bentsen Palm Dr Palmview, TX 78572
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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
    121 Bentsen Palm Dr Palmview, TX 78572
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