Operating Restaurant with Vacant
9769 Jackson Road, Hidalgo, TX 78557
For Sale
New
$1,500,000
The property combines an equipped restaurant with adjoining land for additional development.
Property Size4,776 SF
Lot Size1.75 Acres
Price / SF$314.07
Days on Market4
Property Features for 9769 Jackson Road
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Additional Details
Furnished
Road Access
Land Use
Equipment Included
Currently Operating
Taxes and HOA fees
Annual Taxes
Amenities
Storage
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Coldwell Banker La Mansion
(956) 631-1322
Listed By:
Suzanne Driscoll
(956) 227-9230
Source:
Dolcevitargv
Added: Nov 6
Changed: Nov 7
Last Checked: Nov 8 at 5:05PM
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 Coldwell Banker La Mansion
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
An operating restaurant occupies a 4,776-square-foot structure built in 2017. Furniture and equipment are included. A vacant parcel lies west of the restaurant, offering additional land as part of the property.
The site is at the northwest corner of Jackson Road and Hi Line Road in Hidalgo, at a signalized four-way intersection. It is situated in the international produce corridor near the Pharr International Bridge, with schools and newer residential and commercial development in the surrounding area.
The site is at the northwest corner of Jackson Road and Hi Line Road in Hidalgo, at a signalized four-way intersection. It is situated in the international produce corridor near the Pharr International Bridge, with schools and newer residential and commercial development in the surrounding area.
Key Highlights
- Operating restaurant in a 4,776‑square‑foot building
- Furniture and equipment included in the sale
- Vacant lot west of the restaurant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,313
Cap Rate
4.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,386,260
$1.4M
Cap Rate 7%
$990,186
$990.2K
Cap Rate 9%
$770,144
$770.1K
Market Conditions
NOI Build-Up for 4,776 SF
Gross rent
$98.0K $20.52/SF
− Vacancy
−$5.6K −$1.17/SF
EGI
$92.4K $19.35/SF
− OpEx
−$23.1K −$4.84/SF
NOI
$69.3K $14.51/SF
Area
Hidalgo County, TX
Vacancy
5.70%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,386,260
Cap Rate 7%
$990,186
Cap Rate 9%
$770,144
Alternative Uses
Best Use
Specialty Retail
$990.2K
$866.4K – $1.16M
NOI $69,313 @ 7.0% cap · market cap 4.62%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$3.60M
$3.15M – $4.20M
NOI $251,815 @ 7.0% cap · market cap 16.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
182
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78557, TX
13,986
Population
4,141
Households
3.4
Avg Household Size
30
Median Age
23%
College-Educated
70%
High-School Grad
16.6 sq mi
ZIP Area
843
Density / Sq Mi
$53,667
Median Household Income
$32,109
Median Earnings
$849
Median Rent
$156,400
Median Home Value
Market
Average Price Trend$/SF for Restaurants in Hidalgo County, TX
Properties on Market for Restaurants in Hidalgo County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Restaurant - The property combines an equipped restaurant with adjoining land for additional development.
Where is this restaurant located?
The property is located at 9769 Jackson Road Hidalgo, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Operating restaurant in a 4,776‑square‑foot building; Furniture and equipment included in the sale; Vacant lot west of the restaurant
