Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    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:
    391
    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

    Nearby Comparable

    • $900,000
      2.49 Acres

      Penitas Commercial Land & Building

      2.49-acre commercial property; motivated seller.
      3429 Tom Gill Rd, Penitas, TX 78576
      View Details
    • $375,000

      Penitas Multifamily Investment

      Four-unit apartment building, great income potential.
      1902 Dogwood St, Penitas, TX 78576
      View Details
    • $185,000

      Prime Penitas Restaurant Land

      Turnkey Taqueria, High Traffic Location
      614 Tom Gill Rd, Penitas, TX 78576
      View Details
    • $699,000
      10,164 SF

      Penitas TX Multifamily Investment Opportunity

      Fully occupied 8-plex near U.S. 83 in Penitas, TX.
      1502 Diamond Ave, Penitas, TX 78576
      View Details
    • $1,200,000
      3,182 SF

      Turnkey Restaurant in Growing Area

      Established restaurant with equipment in a rapidly developing location.
      204 Tom Gill Rd, Penitas, TX 78576
      View Details
    • $2,191,550

      Prime Penitas Walmart Outparcels

      High-traffic retail land near Expressway.
      230 Liberty Blvd, Penitas, TX 78576
      View Details
    • $1,238,202

      Penitas Walmart Outparcel Land

      Prime Commercial Land Near Walmart
      215 Liberty Blvd, Penitas, TX 78576
      View Details
    • $375,000
      2,720 SF

      1515 Expy 83 Hwy, Penitas, TX 78576

      Commercial real estate • 2,720 SF
      1515 Expy 83 Hwy, Penitas, TX 78576
      View Details

    Nearby Similar for Sale

    • $1,200,000
      3,182 SF

      Turnkey Restaurant in Growing Area

      Established restaurant with equipment in a rapidly developing location.
      204 Tom Gill Rd, Penitas, TX 78576
      View Details
    • $699,000
      10,164 SF

      Penitas TX Multifamily Investment Opportunity

      Fully occupied 8-plex near U.S. 83 in Penitas, TX.
      1502 Diamond Ave, Penitas, TX 78576
      View Details
    • $750,000
      0.51 Acres

      Prime Commercial Property in Penitas, TX

      Operating paint and body shop with high visibility and expansion potential.
      1501 Expressway 83, Penitas, TX 78576
      View Details
    • $299,900
      2,150 SF

      Penitas Office Space with Acreage

      Office space with garage on 1 acre plus 6.52 acres.
      1420 Expy 83 Hwy, Penitas, TX 78576
      View Details
    • $270,000
      3,248 SF

      Penitas Commercial Building - High Traffic Area

      Prime location, 3,248 sq ft, redevelopment opportunity.
      2110 Expressway 83, Penitas, TX 78576
      View Details
    • $500,000
      3,360 SF

      Penitas Commercial Property - High Visibility

      Prime corner lot, 3360 sqft, high traffic area.
      17922 Coconut Palm Dr, Penitas, TX 78576
      View Details
    • $435,000

      Penitas 6-Plex: Great Investment

      Six-unit apartment building, strong cash flow.
      18202 Washington Palm Dr, Penitas, TX 78576
      View Details
    • $2,627,000
      1,227 SF

      Texas Sonic Drive-In Investment

      High-Yield Sonic, Fee Simple Ownership
      1815 Expressway 83, Penitas, TX 78576
      View Details
    • $375,000

      Penitas Multifamily Investment

      Four-unit apartment building, great income potential.
      1902 Dogwood St, Penitas, TX 78576
      View Details
    • $375,000
      2,720 SF

      1515 Expy 83 Hwy, Penitas, TX 78576

      Commercial real estate • 2,720 SF
      1515 Expy 83 Hwy, Penitas, TX 78576
      View Details
    • $650,000
      4,905 SF

      101 Buena Vis St, Penitas, TX 78576

      Commercial real estate • 4,905 SF
      101 Buena Vis St, Penitas, TX 78576
      View Details

    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
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1606 La Fuente Dr
    Penitas, TX 78576
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.