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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

688 Expressway 83 La Joya, TX 78560

2,960 SF 0.8 ac lot
Property ID
Property summary
AI-generated overview

This exceptional retail property, a former Burger King restaurant, presents a unique investment opportunity in La Joya, Texas. Located at 688 E Expressway 83, this 2,960 square foot building sits on a 0.8-acre lot and offers significant potential for redevelopment. Currently vacant, the property boasts a convenient drive-thru and ample parking, making it ideal for a variety of restaurant or retail concepts. Its prime location on Expressway 83 ensures high visibility and accessibility, benefiting from proximity to La Joya ISD schools and other fast-food establishments. The property's strategic positioning near existing and planned infrastructure, including the future extension of the Coyote to La Joya Bypass, promises strong future growth potential. While the building is currently vacant, it requires renovations to suit a new tenant's needs. The asking price is $700,000. This property is perfect for an entrepreneur looking to establish a thriving business in a high-traffic area with excellent visibility and access to a substantial customer base. The property's size and location make it a versatile option for various retail uses. Serious inquiries are encouraged. The property is zoned for commercial use within Hidalgo County, Texas, zip code 78560.

Property profile
Verified
Property type Retail properties & Spaces
Total area 2,960 SF
Lot 0.8 ac (34,848 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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