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    1606 La Fuente Dr Penitas, TX 78576

    Sponsored
    For Sale
    $385,000

    Profitable, leased commercial property in Texas.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a thriving, second-generation restaurant and car wash located at 1606 La Fuente Drive, Penitas, Texas, 78576. Built in 2010, this special-purpose property sits on a generous 5,298.20 square foot lot, offering ample space for both business operations and customer parking. Currently leased and generating income, this property provides a stable and immediate return on investment. The versatile layout is ideal for a variety of commercial uses, making it an attractive option for savvy investors seeking a proven, income-producing asset. Its location in the vibrant Hidalgo County ensures high visibility and accessibility. The property's classification as both retail and restaurant allows for diverse operational possibilities, catering to a broad range of potential tenants. The existing infrastructure and established clientele provide a solid foundation for continued success. This turnkey operation minimizes upfront investment and maximizes immediate returns. Detailed financial information is available upon request. This is a rare chance to acquire a well-established, income-generating commercial property in a rapidly growing Texas market. Don't miss this opportunity to secure a profitable addition to your investment portfolio.

    Property Features for 1606 La Fuente Dr

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    2010
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Auto Repair Shop Hotel & Motel Skin Care Clinic Food Market Electrical Service Convenience Store Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Penitas
    County
    Hidalgo
    State
    Texas
    Longitude
    -98.4408501
    Latitude
    26.2715004

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    FAQs

    What type of property is this?
    Restaurant - Profitable, leased commercial property in Texas.
    Where is this restaurant located?
    The property is located at 1606 La Fuente Dr Penitas, TX.
    What is the asking price?
    The asking price for this property is $385,000.
    Request Owner's contact information
    1606 La Fuente Dr Penitas, TX 78576
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    Penitas, TX 78576
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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
    1606 La Fuente Dr Penitas, TX 78576
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