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    10 Alvarez Rd Rio Grande City, TX 78582

    For Sale
    $400,000

    Established Taco Restaurant, 1.24 acres, high-traffic location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    Exceptional opportunity to acquire a thriving taco restaurant and valuable real estate in Rio Grande City, Texas. This established business, located at 10 Alvarez Road, boasts a loyal customer base and consistent profitability. Built in 2020, the property sits on a 1.242-acre lot and enjoys a prime location near US-83, ensuring high visibility and convenient access for customers. The restaurant features a fully equipped commercial kitchen and an inviting dining area, creating a welcoming atmosphere for diners. The surrounding area offers a mix of residential and commercial properties, providing a steady stream of customers throughout the day. This turnkey operation presents a unique chance to own a successful business with significant growth potential. The current owner is open to leaving existing staff in place for those not wishing to manage daily operations. The substantial value of the real estate alone makes this a compelling investment opportunity. The asking price for this exceptional property is $400,000. This property is zoned for Commercial and Restaurant use. The property's zip code is 78582.

    Property Features for 10 Alvarez Rd

    General Information

    Property type
    Restaurants
    Lot Size
    54,102 SF

    Building Details

    Year Built
    2020

    HighLights

    • Thriving taco restaurant and real estate in Rio Grande City, TX, asking $400,000.
    • Established business with loyal customer base and consistent profitability.
    • 2020‑built, 1.24‑acre lot on US‑83 with high visibility and convenient access.
    • Fully equipped commercial kitchen and inviting dining area.
    • Turnkey operation with potential for growth; existing staff may remain.
    • Commercial/Restaurant zoning, zip code 78582.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Gym & Fitness Pharmacy Auto Repair Shop Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Rio Grande City
    County
    Starr
    State
    Texas
    Longitude
    -98.9012003
    Latitude
    26.3858725

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    FAQs

    What type of property is this?
    Restaurant - Established Taco Restaurant, 1.24 acres, high-traffic location.
    Where is this restaurant located?
    The property is located at 10 Alvarez Rd Rio Grande City, TX.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: Thriving taco restaurant and real estate in Rio Grande City, TX, asking $400,000.; Established business with loyal customer base and consistent profitability.; 2020-built, 1.24-acre lot on US-83 with high visibility and convenient access.
    Request Owner's contact information
    10 Alvarez Rd Rio Grande City, TX 78582
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    Rio Grande City, TX 78582
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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
    10 Alvarez Rd Rio Grande City, TX 78582
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